Texas factory activity increased in May at about the same rate as the previous month, according to the Federal Reserve Bank of Dallas.
The Dallas Fed’s Texas Manufacturing Outlook Survey released this week reported a production index of 5.5, the same as April. The index is a key measure of state manufacturing conditions.
The study surveyed 86 Texas manufacturers on their output, employment, orders, prices and other indicators.
Read more...Texas factory activity increased in May - Dallas Business Journal