Dallas Fed: "Recovery Continues in Texas Manufacturing" in August

From the Dallas Fed: Recovery Continues in Texas Manufacturing Texas factory activity expanded in August for the third month in a row following a record contraction in the spring after the onset of the COVID-19 pandemic, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, came in at 13.1, down slightly from July but still indicative of moderate growth. Other measures of manufacturing activity also point to expansion this month. The new orders index advanced three points to 9.8, and the......(read more)

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