Lower than expectations at -3.9
Earlier today, the Dallas Fed Manufacturing index for the month of August was released and it showed a decline 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.
Dallas Fed Manufacturing index lower in August at -6.2 vs -1.3 last month
