• 823 days Will The ECB Continue To Hike Rates?
  • 823 days Forbes: Aramco Remains Largest Company In The Middle East
  • 825 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,225 days Could Crypto Overtake Traditional Investment?
  • 1,229 days Americans Still Quitting Jobs At Record Pace
  • 1,231 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,235 days Is The Dollar Too Strong?
  • 1,235 days Big Tech Disappoints Investors on Earnings Calls
  • 1,236 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,237 days China Is Quietly Trying To Distance Itself From Russia
  • 1,238 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,242 days Crypto Investors Won Big In 2021
  • 1,242 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,243 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,245 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,245 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,249 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,250 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,250 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,252 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around 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