From BigGo Finance · BigGo Finance · · 40s
Dallas Fed Manufacturing Index Rises
Dallas Fed Manufacturing Index jumps to 13.4 in October, highest since January 2023.
In brief
Dallas Fed Manufacturing Index jumps to 13.4 in October, highest since January 2023. Dallas Fed Manufacturing Activity Index rose to 13.4 in October, beating forecasts and hitting its highest level since January 2023. Originally reported by BigGo Finance.
Dallas Fed Manufacturing Index
The Dallas Fed Manufacturing Activity Index rose to 13.4 in October, beating the market forecast of 8.8 and September's 9.8.
Key Indexes
Production, new orders and employment indexes declined but stayed in expansion territory, while the Company Outlook Index improved to 16.1 from 8.7.
Currency Impact
Dollar-yen rose to 157.58 yen, marking the weakest yen since the 22nd, while euro-dollar and pound-dollar fell.
The short version
Dallas Fed Manufacturing Activity Index rose to 13.4 in October, beating forecasts and hitting its highest level since January 2023.
