Dallas Fed: "Texas Manufacturing Continues Moderate Expansion"

From the Dallas Fed: Texas Manufacturing Continues Moderate Expansion Texas factory activity continued to expand in July, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, moved from 8.9 to 9.3, indicating output growth continued at roughly the same pace as in June. Other measures of manufacturing activity suggested a slightly faster expansion in July. The new orders index edged up to 5.5, and the growth rate of orders index rebounded into positive territory, climbing nine points to......(read more)

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