Dallas Fed manufacturing business index -2.7 vs -3.0 prior ...Middle East

Prior was -3.0Production -0.9 vs +14.6 priorNew orders -11.9 vs -3.7 priorCapex +7.8 vs +4.6 priorEmployment +4.9 vs -5.1 priorOutlook +5.8 vs -3.3Comments in the report:Chemical manufacturingGlobal industrial demand for chemicals remains stable but at low levels. Our outlook six months forward is for very slow improvement, but that outlook is uncertain due to risks of tariffs and the potential impact on global demand. Rising long-term rates remain a headwind for domestic construction activity and the resulting sluggish demand for PVC as construction material.Short-term, fourth-quarter raw material prices have increased, and the continuing decline in economic demand related to t

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