الولايات المتحدة دالاس مؤشر الصناعي الفيدرالي

The Dallas Fed’s general business activity index for Texas manufacturing rose to -12.7 in June 2025 from -15.3 in May, marking a fifth month of contraction with signs of easing. Output was flat for the second month, with the production index steady at 1.3. New orders remained negative at -7.3, shipments dropped to -7.3, and capacity utilization held near zero at -1.0. The company outlook index improved slightly to -8.9, but uncertainty rose to 15.2, indicating increased caution amid ongoing weakness. Labor data showed a slight hiring pickup, with the employment index at 5.7, though hours worked fell to -8.4, indicating shorter workweeks. Price pressures stayed elevated, with finished goods prices rising to 26.1—the highest in nearly three years—while wage growth remained subdued, the wages index easing to 13.4. Looking ahead, manufacturing expectations stayed cautiously positive, with the future production index at 22.6 and the future business activity index above average.