Dallas Fed: "Texas Manufacturing Activity Continues to Grow"

From the Dallas Fed: Texas Manufacturing Activity Continues to Grow Texas factory activity continued to expand in Marc­h, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, held fairly steady at 11.5, indicating output growth continued at about the same pace as last month. Other measures of manufacturing activity also suggested continued expansion in March, although demand growth slowed. The new orders index fell from 6.9 to 2.4, and the growth rate of orders index slipped into negative......(read more)

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