Today's Economic Data Highlights
Just one Fed survey today….
10:30: Dallas Fed manufacturing index for Sep…will it recover further? Two months ago, this index plunged sharply into negative territory, one of the worst readings during this period of slowing in US industrial activity. It recovered modestly in August, and analysts look for another move up toward the zero dividing line between growth and contraction. The guts of this survey have not been quite as bad as the headline, though hardly good. The index of production has been around zero through this period; the index of new orders has been around -8 to -9.
Median forecast (of 4): -7.0, ranging from -21 to -4; last -13.5.
