Dallas Fed weekly economic index jumps to 3.17 percent, E.J. Antoni notes

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Dallas Fed index rises to 3.17 percent

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Dallas Fed weekly economic index jumps to 3.17 percent, E.J. Antoni notes — Dallas Fed index rises to 3.17 percent

E.J. Antoni reports that the Dallas Fed's weekly economic index rose to 3.17 percent for the week ended July 4. The index stood at 2.55 percent for the previous week ended June 27, while the 13-week moving average is 2.85 percent.

These figures indicate economic activity trends over recent weeks.

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Antoni recently noted that U.S. utility prices declined by 1.5% since the start of the Iran conflict. He has also argued that the Federal Reserve was designed to function as a central bank. These previous reports provide context for his coverage of recent economic data.

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