Dallas Fed manufacturing index +4.6 vs +9.0 prior

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Dallas Fed survey of manufacturersPrior was +9Production index at 24.2 vs 20.8 priorNew orders 9.5 vs 15.6 priorPrices paid 80.4 vs 74.9 priorWages and benefits 42.7 vs 43.4 priorFuture index -2.8 vs 11.5 priorWe still cannot hire or find enough employees to be able to meet increasing demand. We would hire 20 today if we could. Demand just keeps increasing. Prices and lead times for shipments are at company historical highs.Inflation is here to stay.Labor shortages and raw material price increases and shortages continue to be major problems.We are seeing signs that business is settling in at about pre-COVID levels. Unfortunately, most of our raw materials are more costly, thus requiring us to increase pricing.The COVID-19 impact is still real.Demand continues to remain strong across almost all markets. There are clear signs that inventory is building while scarcity continues, with a few components limiting production broadl
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