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Dallas Fed Surges To 7-Month Highs But Job Outlook Tumbles To Lowest In 2014

Submitted by Tyler Durden on 04/28/2014 10:41 -0400

The Dallas Fed manufacturing survey beat expectations by the most since September 2013 and rose to near its highest since Feb 2012. Most of the 'current' sub-indices rose thogh prices paid tumbled (oddly to its lowest since August) and wages stagnated (as new orders surged to their 2nd highest since 2006 - entirely sustainable!!) What is probably more worrisome is the plunge in the employment expectations index - which dropped to its lowest since Dec 2013 (but but but the weather).

Headline looks great...

Led by totally unsustainable surge in new orders...

Because it seems managers are not expecting to hire as the six-months forward expectation for employees dropped to its lowest in 2014.

- advertisements -

Mon, 04/28/2014 - 10:47 | 4703921 oklaboy

predicting at least a 14 inch surf in Galveston, break out the SPF 40 snowblock...

Mon, 04/28/2014 - 10:46 | 4703922 Armed Resistance

STFP!

Mon, 04/28/2014 - 10:48 | 4703935 Ignatius

"...Job Outlook Tumbles To Lowest In 2014"

But, but I heard the unemployment rate is 6.7% and falling.

Mon, 04/28/2014 - 11:04 | 4703946 Colonel Klink

Dallas FED

Can anyone identify the problem?

Speaking of problems, in other news: http://www.stripes.com/report-pentagon-to-destroy-1b-in-ammunition-1.280372

Our tax dollars hard at work through purchase and destruction.

Mon, 04/28/2014 - 10:53 | 4703949 Dr. Venkman

Paper orders probably skyrocketing...TXU supposedly filing tomorrow.

Mon, 04/28/2014 - 10:59 | 4703971 youngman

They have the new Toyota jobs...

Mon, 04/28/2014 - 11:07 | 4703999 Falconsixone

It was hard for the fed to count boxes since Sue took two weeks off for personal reasons (Sue counts box orders and she's the only one that knows the box mfg's phone #)

Mon, 04/28/2014 - 11:32 | 4704058 Ignorance is bliss

Manufacturers are producing, and 80% of the economy is consumption based. The consumers are unemployed.Either we have a disconnect or somewhere someplace manufacturers are building inventory.

Mon, 04/28/2014 - 11:42 | 4704083 MFL8240

This shit is disgraceful. No obne believes any of these lies anymore.

Mon, 04/28/2014 - 12:57 | 4704379 WMM II

"What is probably more worrisome is the plunge in the employment expectations index - which dropped to its lowest since Dec 2013 (but but but the weather)."

omfg!!!

lowest in three months!!!!

definitely worth a bold.

Dallas Fed Surges To 7-Month Highs But Job Outlook Tumbles To Lowest In 2014

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