Dallas Fed: "Texas Manufacturing Expands for Fifth Straight Month" in October

From the Dallas Fed: Texas Manufacturing Expands for Fifth Straight Month Texas factory activity expanded in October for the fifth 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 three points to 25.5, indicating a slight acceleration in output growth. Other measures of manufacturing activity also point to stronger growth this month. The new orders index advanced five points to 19.9, and the growth rate of ......(read more)

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