Dallas, Tx. (PPD) — The Texas Manufacturing Outlook Survey inched even higher in July after soaring the month before from negative to positive territory. The Federal Reserve Bank of Dallas reported the key production index inched up higher from 13.6 to 16.1.
The general business activity index rose from -49.2 to -6.1 in June, and edged higher from -6.1 to -3.0 in July.
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Personal income fell $1,516.6 billion (7.1%) in February, roughly the consensus forecast, while consumer spending…
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