Factory activity in Texas grew at a slower pace in September amid a weaker increase in production, but companies continue to expect increased business in the next six months, a survey by the Dallas Fed showed on Monday.
The general business activity index of the Texas Manufacturing Outlook Survey fell seven points to -8.7 in September.
The production index shed 10 points to reach 5.2, suggesting below-average output growth. The capacity utilization measure fell sharply to 3.9 from 13.7. The shipments index and the new orders gauge both dropped eight points each to 6.7 and -2.6, respectively.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.