Monday, June 28, 2010

Texas Manufacturing Contracts in June

BizJournals details:

The manufacturing sector for the 11th Federal Reserve District declined in June, a month after the Federal Reserve Bank of Dallas reported a three-year high in activity. The 11th district includes Texas, northern Louisiana and southern New Mexico.

The June report from the Federal Reserve Bank of Dallas said the production index – an indicator of manufacturing conditions – dropped sharply in June, and that all other factory activity indices also declined.

Source: Dallas Fed

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