enthusiasm surrounding US President Donald Trump’s election appeared to carry over into the start of 2017.The Dallas Fed manufacturing index unexpectedly jumped as
The latest reading for the index rose to 24.5 for February, above economists’ expectations of a dip to 19.4.
The measure has held above zero for five straight months after not registering a reading in positive territory since December 2014 amid the oil-price crash.
Notably, in the recent survey several respodents pointed to US President Donald Trump’s economic proposals as a key factor in their more positive assessments.
“The basis of our more positive view of the business environment is the new…