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Saturday, August 15, 2020
HomeNewsEconomyTexas Manufacturing Outlook Survey Inches Even Higher in July

Texas Manufacturing Outlook Survey Inches Even Higher in July

Manufacturing Export Wooden Crate, reading Made in Texas. 3D Illustration. (Photo: AdobeStock)

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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Staff Writing Group

PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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