Summary
- The general business activity index rose four points but remained negative at -5.0, indicating worsening business conditions.
- The production index, a key measure of state manufacturing conditions, was unchanged at 5.2, indicating below-average output growth for the second consecutive month.
- The new orders index was little changed at -1.7, with the negative reading indicating a slight decline in demand in October.
DKosig/iStock via Getty Images
By Jennifer Nash
The Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for October. The general business activity index rose four points but remained negative at -5.0, indicating worsening business conditions.
Texas factory activity
Advisor Perspectives is a leading interactive publisher for Registered Investment Advisors. Our AP Charts & Analysis portion of our website analyzes economic and market trends.
