Fed Manufacturing Surveys Provide Insight into National Economy

October 15th, 2014
in econ_news

from the Dallas Fed

Several regional Federal Reserve Banks conduct monthly surveys of manufacturing activity in their districts - New York, Philadelphia, Richmond, Kansas City and Dallas, which produces the Texas Manufacturing Outlook Survey (TMOS). Survey responses are used to construct diffusion indexes, with positive readings typically indicating expansion and negative readings contraction. While each Fed asks slightly different questions, all include a measure of business activity, new orders, shipments and employment.

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Source: http://www.dallasfed.org/assets/documents/research/eclett/2014/el1412.pdf

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