Dallas Fed: “Texas Manufacturing Activity Weakens Slightly”

From the Dallas Fed: Texas Manufacturing Activity Weakens Slightly Texas factory activity contracted slightly in November, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, dipped into negative territory for the first time since mid-2016, falling seven points to -2.4. Other measures of…

From the Dallas Fed: Texas Manufacturing Activity Weakens Slightly
Texas factory activity contracted slightly in November, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, dipped into negative territory for the first time since mid-2016, falling seven points to -2.4.
Other measures of manufacturing activity were also negative in November, suggesting declines. The new orders index remained negat
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