By Jill Mislinski
This morning the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for September. The latest general business activity index came in at 1.5, down 1.2 from 2.7 in August. All figures are seasonally adjusted.
Here is an excerpt from the latest report:
Texas factory activity continued to expand in September, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, fell four points to 13.9, suggesting output growth continued but at a slightly slower pace than in August.
Perceptions