Dallas, Tx. (PPD) — The Texas Manufacturing Outlook Survey rebounded stronger than expected in May, according to the Federal Reserve Bank of Dallas. The general business activity index rose from -74.0 to -49.2.
Forecasts ranged from a low of -65.0 to a high of -53.0. The consensus forecast was -57.0.
The key production index was still negative, indicating contraction, but improved from -55.6 to -28.0. The company outlook index rose nearly 30 points to -34.6, though just 12% reported an improved outlook.
Data were collected May 12 to May 20, and 115 Texas manufacturers responded to the survey. The next release is scheduled for Monday, June 29.
The most damning journalistic sin committed by the media during the era of Russia collusion…
The first ecological study finds mask mandates were not effective at slowing the spread of…
On "What Are the Odds?" Monday, Robert Barnes and Rich Baris note how big tech…
On "What Are the Odds?" Monday, Robert Barnes and Rich Baris discuss why America First…
Personal income fell $1,516.6 billion (7.1%) in February, roughly the consensus forecast, while consumer spending…
Research finds those previously infected by or vaccinated against SARS-CoV-2 are not at risk of…
This website uses cookies.