Texas Manufacturing Activity Remains Flat in February, Says Dallas Fed Survey via Dallas Fed

Texas factory activity posted a second month of no growth in February, according to the Federal Reserve Bank of Dallas’ Texas Manufacturing Outlook Survey.

Texas produces more than 11 percent of total manufactured goods in the United States, ranking second behind California in factory production.

The production index—a key measure of state manufacturing conditions—remained near zero (0.7), indicating output was essentially unchanged from January levels.

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