Dallas Fed Manufacturing index lower in August at -6.2 vs -1.3 last month

Lower than expectations at -3.9

Earlier today, the Dallas Fed Manufacturing index fell in the current month. This is report on the state of the economy in the state of Texas.   Texas has been a large contributor to the economy in the US. Of course the state is large in size and also large in energy, and cattle/farming and also in technology (Dell is headquartered in the state) and other corporate businesses.  

 The index fell to -6.2 in August vs. exepctations of -3.9 and -1.3 last month.  Below is a look at the details of the report.  Although lower, the numbers for the current month are mostly higher than the 6-month averages.  Which is a more positive trend.