Dallas Fed manufacturing data
- Prior was +7.0
- Output index 19.9 vs 4.6 prior
- Six month index 33.9 vs 29.6 prior
- New orders 13.0 vs 6.3 prior
- Employment 12.7 vs 16.6 prior
- Capex 13.7 vs 12.1 prior
Those workers and manufacturers in power plant upgrading and frozen-pipe repairs are about to have an incredible hay day. Oil and gas is surely feeling much better as well with WTI at $61 and natural gas at $2.90.
