Dallas Fed: "Texas Manufacturing Continues to Expand, but Pace Slows"

From the Dallas Fed: Texas Manufacturing Continues to Expand, but Pace Slows Texas factory activity continued to expand in October, albeit at a slower pace, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, was positive but declined another six points to 17.6, indicating output growth continued to abate . Some other indexes of manufacturing activity also suggested slower expansion in October. The capacity utilization index retreated six points to 15.4, while the shipments index fell......(read more)

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