• Dallas Fed: "Texas Manufacturing Continues to Expand, but Pace Slows"

    15 days ago - By Calculated Risk

    From the Dallas Fed: Texas Manufacturing Continues to Expand, but Pace Slows
    Texas factory activity continued to expand in October, albeit at a slower pace, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, was positive but declined another six points to 17.6, indicating output growth continued to abate.
    Some other indexes of manufacturing activity also suggested slower expansion in October. The capacity utilization index retreated six points to 15.4, while the shipments index fell...
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