Dallas Fed: "Texas Manufacturing Slump Moderates"

From the Dallas Fed: Texas Manufacturing Slump Moderates, Outlooks Improve Texas factory activity declined slightly in July, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, remained negative but rose for a second month in a row to -1.9, suggesting further moderation in the decline in manufacturing output. ... Perceptions of broader business conditions were mixed. The general business activity index remained negative , but it rose for a second month in a row and reached -4.6 in July .......(read more)

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