Dallas Fed: "Growth in Texas Manufacturing Rebounds Strongly"

From the Dallas Fed: Growth in Texas Manufacturing Rebounds Strongly Texas factory activity rose markedly in April after posting slower growth in March, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, increased 11 points to 25.3. Other indexes of manufacturing activity also rose sharply in April. The new orders and growth rate of orders indexes jumped to their highest readings this year, 27.9 and 18.9, respectively. The capacity utilization index climbed eight points to 18.7, and the......(read more)

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