+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Here comes Dallas Fed manufacturing...

Feb 27, 2017, 20:41 IST

A Dallas Cowboys fan wears a giant helmet before the Cowboys play the Minnesota Vikings in their NFL Divisional playoff football game in Minneapolis, Minnesota, January 17, 2010.Eric Miller/Reuters

The latest read on the Dallas Fed manufacturing index will be out at 10:30 a.m. ET.

Advertisement

Economists forecast that the index ticked down slightly to 19.4 in February.

Last month, the index surprised on the upside. It jumped to 22.1, the highest reading since April 2010, compared to expectations of a downwards slide.

The enthusiasm surrounding US President Donald Trump's election appeared to carry over into the start of 2017. However, one respondent said in the previous report, "We expect President Trump's policies towards NAFTA and Mexico will have a negative impact in the borderland in the next six months."

The measure has held above zero, suggesting an expansion, for four straight months after not registering a reading in positive territory since December 2014 amid the oil-price crash.

Advertisement

Refresh this page for updates at 10:30 a.m. ET.

NOW WATCH: 'It's a lie': Jake Tapper calls out Trump during a fiery interview with Kellyanne Conway

Please enable Javascript to watch this video
Next Article