Dallas Fed Mfg Business Index For September -18.1 Vs -17.2 Prior
Portfolio Pulse from Benzinga Newsdesk
The Dallas Fed Manufacturing Business Index for September has been reported at -18.1, a slight decrease compared to the prior month's -17.2.
September 25, 2023 | 2:30 pm
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NEGATIVE IMPACT
The Dallas Fed Manufacturing Business Index, a key economic indicator, has decreased slightly. This could potentially impact the broader market, including SPY.
The Dallas Fed Manufacturing Business Index is a key economic indicator. A decrease in this index suggests a slowdown in the manufacturing sector, which could potentially impact the broader market, including SPY. However, the impact may not be significant as the decrease is slight.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50