Monday, April 26, 2010

Texas Manufacturing: Recovery Gaining Traction

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

5 comments:

  1. Am I missing something here? Margin squeeze due to high input costs and inability to pass along to end consumers?

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  2. you're definitely not missing something.

    my guess is some of those raw material costs have been offset by "increased productivity" (i.e. laying off workers).

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  3. lol jake...you r pimpin' out the job seekage in full force ;)

    I wish you well.

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  4. jake ! you say :
    increasing 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 ...!

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  5. geo = true
    pimping myself = true

    ReplyDelete