Dallas Fed: Regional Manufacturing Activity "Continues to Expand" in November

Note: All regional Fed surveys indicated expansion in November. This is the first time all regional surveys were positive in two years (the decline in oil prices hit some regions hard - like Dallas). From the Dallas Fed: Texas Manufacturing Activity Continues to Expand Texas factory activity increased again in November, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, posted a fifth consecutive positive reading and edged up to 8.8. ... ... The general business activity index shot up to ......(read more)

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