Texas Manufacturing Activity Increases in October After Nine-Month Slump, Says Dallas Fed Surv via Dallas Fed

Texas factory activity increased in October after nine months of flat or declining output, according to the Federal Reserve Bank of Dallas’ Texas Manufacturing Outlook Survey.

The production index—a key measure of state manufacturing conditions—rose to 4.8, marking the first month of output growth this year.

Positive readings in the survey generally indicate expansion of factory activity, while readings below zero generally indicate contraction.

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