July 2016 US Dallas Fed manufacturing index -1.3 vs -10 exp

July 2016 US Dallas Fed manufacturing index report 25 July 2016

• Prior -18.3

• New orders -8.0 vs -14.2 prior

• Prices paid 7.6 vs 12.6 prior

• Prices rec'd -5.7 vs -5.2 prior

• Employment -2.6 v s-11.5 prior

• Wages 10.5 vs 21.6 prior

• Capex 4.8 vs -2.1 prior

Things not as bad as expected and the early year's lows are being clawed back. The big ISM is early next week.

Dallas Fed manufacturing index