The Federal Reserve Bank of Dallas’s Texas Manufacturing Outlook survey for June fell for the fifth straight month. Texas manufacturing output growth plunged 3 percent, to -4.2 percent in June, indicating a slight contraction in output, according to the Dallas Fed survey, published on June 26. Survey officials asked 85 regional manufacturers a series of…
Texas Manufacturing Survey Falls for Fifth Straight Month
June 28, 2023
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‘Soft Landing’ for Texas Economy, Dallas Fed Forecasts
February 6, 2023
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Dallas Fedeconomyjobsoil and gasRegional & State NewsState NewsTexastexas economyTexas job growthUSUS News
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The Texas economy is expected to make a “soft landing” this year, according to the Federal Reserve Bank of Dallas. Job increases are slowing. The bank expects jobs to grow by 1.4 percent this year, significantly lower than last year’s 3.5 percent job growth and below the state’s annual 2 percent trend. “That is consistent with…
Texas Manufacturing Bounces Back, Though Demand Continues to Slip
Texas manufacturing activity bounced back in December, according to the Federal Reserve Bank of Dallas. On Tuesday, the Dallas Fed published results from its monthly Texas Manufacturing Outlook Survey that showed the production index gained nearly nine points, to 9.7, suggesting an increase in output growth. The report is based on data collected between Dec. 13–21…
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