Main PageMay 26, 2026

Dallas Fed Manufacturing Business Index for May 0.40 vs -2.30 last month

  • Prior month -2.3
  • Dallas Fed Manufacturing Business index for May 0.40 vs -2.30 last month.

Details of the report:

  • Production index fell 10 points to 9.4, still signaling modest manufacturing expansion.
  • Capacity utilization index dropped 15 points to 5.2.
  • New orders index declined 4 points to 6.4.
  • Shipments index fell 8 points to 7.4.
  • General business activity index edged up to 0.4 from negative territory, signaling little change in overall activity.
  • Company outlook index slipped to 0.3 from 3.0, indicating stable business sentiment.
  • Outlook uncertainty index held relatively steady at 19.2, remaining above the long-run average of 16.9.
  • Employment index was unchanged at 0.2, pointing to flat payroll growth.
  • Hours worked index declined to 1.8 from 4.0.
  • Raw materials prices index rose 6 points to 42.7, the highest level in eight months.
  • Finished goods prices index fell 9 points to 18.9, signaling easing selling price pressures.
  • Wages and benefits index was little changed at 23.6.
  • Future production index remained strong at 36.8, signaling expectations for stronger activity six months ahead.
  • Future general business activity index held steady at 14.3.
  • Other future manufacturing activity indexes also remained in positive territory

Looking at the gainers and decliners:

  • Indexes that increased: 5
    • General business activity
    • Raw materials prices
    • Outlook uncertainty
    • Future production
    • Future manufacturing activity indexes remained positive/stable
  • Indexes that declined: 8
    • Production
    • Capacity utilization
    • New orders
    • Shipments
    • Company outlook
    • Hours worked
    • Finished goods prices
    • Employment (flat/slightly weaker tone)
  • Indexes essentially unchanged/stable: 4
    • Employment index
    • Wages and benefits
    • Future general business activity
    • Broader business conditions overall

The Nasdaq 100 traded to 30K for the first time ever. The Nasdaq composite index is up 1.37%. The S&P is up 0.80%. The Dow is now in negative territory at 50574 after trading as high as 50791.08.

For the full report, CLICK HERE

This article was written by Greg Michalowski at investinglive.com.