RP details:
Texas factory activity increased for the sixth month in a row in April, according to business executives responding to the Texas Manufacturing Outlook Survey. Results of the survey were released April 26 by the Federal Reserve Bank of Dallas. The production index, a key indicator of state manufacturing conditions, climbed further into positive territory as more producers reported increased activity.
Source: Dallas Fed
Am I missing something here? Margin squeeze due to high input costs and inability to pass along to end consumers?
ReplyDeleteyou're definitely not missing something.
ReplyDeletemy guess is some of those raw material costs have been offset by "increased productivity" (i.e. laying off workers).
lol jake...you r pimpin' out the job seekage in full force ;)
ReplyDeleteI wish you well.
jake ! you say :
ReplyDeleteincreasing raw material cost -offset-incresing productivity ! but
this would not be true at usually,becouse increasing raw material prices show us accelerating growth there,increasing productivity show us decreasing growth conditions.but sometimes,both could
increase or decrease together ...!
geo = true
ReplyDeletepimping myself = true