Newsroom: Industry News
Texas manufacturers in February continued to see growing production and have positive outlooks in a new survey, but market basics appear to be reining in some of the industry’s post-election optimism. The Texas Manufacturing Outlook Survey conducted by the Federal Reserve Bank of Dallas — which surveyed 115 Texas manufacturers — showed continued increases in manufacturing activity. The production index — which measures the amount of goods companies produce — increased by 4.8 points in February to 16.7. The percent of manufacturers reporting increases in production remained steady while the percent reporting decreases dropped by 4.5 percentage points.