Dallas Fed: “Growth in Texas Manufacturing Activity Picks Up”

From the Dallas Fed: Growth in Texas Manufacturing Activity Picks Up Growth in Texas factory activity accelerated in January, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, rose seven points to 10.5, suggesting stronger output growth than last month. Other measures of…

From the Dallas Fed: Growth in Texas Manufacturing Activity Picks Up
Growth in Texas factory activity accelerated in January, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, rose seven points to 10.5, suggesting stronger output growth than last month.
Other measures of manufacturing activity also pointed to an acceleration in January. The new orders index shot up 16 points to 17.6, its highest reading in 15 mon
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