06142021Mon
Last updateFri, 11 Jun 2021 4pm

Manufacturing & The Economy

Texas Manufacturing Expansion Carries On

Texas factory activity expanded but at a slower pace in May, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, fell 18 points to 15.7, a reading still well above average and indicative of healthy output growth. Other measures of manufacturing activity also pointed to slower but still-solid growth this month. Perceptions of broader business conditions improved markedly in May, though uncertainty picked up. 

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