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Dallas Fed December manufacturing index -18.8 vs -14.4 prior
- Prior was -14.4
- Production +9.7 vs +0.8 prior
- New orders -9.2 vs -20.9 prior
- Prices paid +23.7 vs +22.6 prior
- Employment +14.0 vs +5.9 prior
- Company outlook -12.8 vs -15.2
The details are certainly stronger than the headline, though new orders remained negative for the seventh month in a row.
Comments:
- We’re now dialing in the very increased forecast of a significant downturn. Recession is now being planned for and act... Read More
Posted: Dec 27 2022, 15:39
Author Name: forexlive
Views: 1108100