Dallas Fed August Manufacturing Index Indicates Faster Expansion

MT newswire2026/08/31 14:39

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10:39 AM EDT, 08/31/2026 (MT Newswires) -- The Dallas Fed's monthly manufacturing index jumped to a reading of 11.6 in August from 1.3 in July, well above expectations for a much smaller increase to a reading of 1.6 in a survey compiled by Bloomberg as of 7:35 am ET, indicating a faster pace of expansion. For Dallas, there were gains in the readings for production, new orders, shipments and prices paid, but a decline in employment reading. The reading for the company outlook jumped to 19.2 from 13.4 in July.

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The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

华尔街见闻•2026/11/10 18:41