Dallas Fed: "Texas Manufacturing Recovery Picks Up Steam" in September

From the Dallas Fed: Texas Manufacturing Recovery Picks Up Steam Texas factory activity expanded in September for the fourth month in a row following a record contraction due to 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, rose nine points to 22.3, its highest reading in two years. Other measures of manufacturing activity point to above-average growth this month. The new orders index advanced five points to 14.7, and the growth rate of orders index held......(read more)

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