• 13 hours Trade In Counterfeit Goods Hits Half A Trillion Dollars
  • 19 hours Tesla Struggles To Compete In European Market
  • 2 days China: The New King Of Caviar
  • 2 days Gold Mid-Tiers Rally On Fresh Earnings Reports
  • 3 days Can The British Pound Overcome Brexit?
  • 3 days Is A Gold Breakout Near?
  • 4 days Federal Reserve Downgrades U.S. Growth And Cuts Rate Hikes
  • 4 days Disney Beats Out Comcast In $71.3B Mega-Merger
  • 4 days The Feds Continue To Prop Up Equities Markets
  • 4 days Bejing's Sway In South China Sea Is Fading
  • 5 days Saudis Eye Billions As Stocks Get Emerging Market Boost
  • 5 days Airbnb In Acquisition Mode Ahead Of IPO
  • 5 days Gold Hangs At $1,300 Ahead Of Fed Meeting
  • 5 days Champagne Sales Slow As European Economic Worries Grow Louder
  • 6 days Putin Signs “Digital Iron Curtain” Into Law
  • 6 days Russian Metals Magnate Sues U.S. Over Sanctions
  • 6 days Tesla Looks To Jump Into Indian Market
  • 6 days Global Banks Lay Groundwork To Re-Inflate Asset Prices
  • 7 days Homeowners Experiment With Risky New Investment Trend
  • 7 days U.S. Tech Stocks Look Increasingly Vulnerable
Trade In Counterfeit Goods Hits Half A Trillion Dollars

Trade In Counterfeit Goods Hits Half A Trillion Dollars

The counterfeit market has breached…

Tesla Struggles To Compete In European Market

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

  1. Home
  2. Markets
  3. Other

Regional Manufacturing Comparative Wrap-Up: Empire State, Philly, Kansas City, Richmond, Dallas

Two more regional manufacturing reports came out today, from Dallas and Richmond.

The Dallas region was the weakest in six years thanks to oil. For details, please see Dallas Fed Manufacturing Index Collapses: Lowest Production Reading in 6 Years, Orders Contract 7th Month, New Orders 5th Month.


Comparative Wrap-Up

Comparative Wrap-Up


Reports

May 05: Empire State
May 15: Philly
May 21: Kansas City
May 26: Richmond
May 26: Dallas


Notes:

  • Some regions use the term "order backlog" others "unfilled orders"
  • Some regions had a production index component, others not.
  • Richmond discussed prices paid and received on an annualized basis, not an index component that could be directly compared to the others.


Significant Points

  • The Dallas and Kansas City regions were both hammered by collapse in oil prices and oil related services.
  • Order Backlog was negative across the board.
  • Employee Workweek was down in four of five regions.
  • Prices Received was down in three of four regions.

In aggregate, these are weak to very weak reports.

 

Back to homepage

Leave a comment

Leave a comment