Dallas Fed Manufacturing Survey Shows Production Index Rose in December

Despite recent reports on the state of U.S. manufacturing, the Federal Reserve Bank of Dallas reflected a production index that rose to 13.4 in December.  As noted in a Wall St. article onLista Manufacturing Storage the Dallas Fed Manufacturing Survey, the production index – up from 5.2 in November – is indicative of stronger output growth into the future.

The article states, however, that general manufacturing activity dropped to negative 20.1 in December, down from negative 4.9 in November.  New orders were also down for the fifth straight month, dropping to negative 8.9 in December from negative 1.6 in November.

Additional data is as follows:

  • The company outlook index fell by some 10 points to -9.7 in December, the lowest reading since August.
  • The raw materials prices index fell to -8.6.
  • The finished goods prices index fell to -15.9.
  • The wages and benefits index ticked up to 20.4.
  • The index of future general business activity was down nine points to -1.4.
  • The future company outlook index was lower, but still remains positive at 6.6 in December.

“The United States as a whole has seen its manufacturing sector and its exporting companies suffering from a strong U.S. dollar,” reports the article.  “This regional Texas activity can mostly be tied to the oil and gas sector, within mining and logging.”

As manufacturers continue to battle a fluctuating sector, Lista’s manufacturing storage solutions can help to drive productivity, efficiency, and overall workplace organization in the face of such change.

Learn more about Lista manufacturing solutions or contact us for a quote!

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