Investing.com - The Federal Reserve Bank of Dallas manufacturing business index rose less-than-expected last month, official data showed on Monday.
In a report, Dallas Fed said that Dallas Fed Mfg Business Index rose to a seasonally adjusted annual rate of 2.20, from 5.50 in the preceding month whose figure was revised down from 15.30.
Analysts had expected Dallas Fed Mfg Business Index to rise 3.00 last month.
In a report, Dallas Fed said that Dallas Fed Mfg Business Index rose to a seasonally adjusted annual rate of 2.20, from 5.50 in the preceding month whose figure was revised down from 15.30.
Analysts had expected Dallas Fed Mfg Business Index to rise 3.00 last month.