Dallas Fed: "Robust Expansion in Texas Manufacturing Continues"

From the Dallas Fed: Robust Expansion in Texas Manufacturing Continues exas factory activity maintained its strong momentum in August, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, held steady at 29.3. Other indexes of manufacturing activity also indicated continued solid expansion in August. The new orders index changed little at 23.9, while the growth rate of orders index moved up three points to 19.9. The capacity utilization index was unchanged at 25.2, and the shipments index......(read more)

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