Texas factory activity rebounded strongly in June, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, climbed from -28.0 to 13.6, indicating moderate expansion in output following three months of record or near-record declines.
Other measures of manufacturing activity also pointed to a rebound in growth this month.
Read more...Texas Manufacturing Outlook Survey June 2020 via Dallas Fed
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