Dallas Fed’s survey shows slight improvement in manufacturing activity in July. Wall Street’s main indexes trade in the positive territory on Monday. The economic activity in Texas’ manufacturing sector declined at a softer pace in July than it did in June with the General Business Activity Index of the Federal Reserve Bank of Dallas’ Manufacturing Outlook Survey rising to -3 from -6.1. Further details of the publication revealed that the Manufacturing Output Index rose to 16.1 from 13.6 and the Company Outlook Index edged higher to 5.9 from 2.7. “Expectations regarding future business activity remained universally positive in July, though some were less positive than last month,” the publication read. “The future production index slipped to 37.2, while the future general business activity index dropped nine points to 10.6.” Market reaction Markets largely ignored this data and Wall Street’s main indexes were last seen gaining between 0.5% and 1.3% on the day. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next S&P 500 Index edges higher, Florida reports 8,892 new coronavirus cases FX Street 3 years Dallas Fed's survey shows slight improvement in manufacturing activity in July. Wall Street's main indexes trade in the positive territory on Monday. The economic activity in Texas' manufacturing sector declined at a softer pace in July than it did in June with the General Business Activity Index of the Federal Reserve Bank of Dallas' Manufacturing Outlook Survey rising to -3 from -6.1. Further details of the publication revealed that the Manufacturing Output Index rose to 16.1 from 13.6 and the Company Outlook Index edged higher to 5.9 from 2.7. "Expectations regarding future business activity remained universally positive in July, though some were less positive than last… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
