(Finance) – Brake the activity of factories in the Dallas District in Mayaccording to corporate executives who responded to the Texas Manufacturing Outlook Survey.
The general manufacturing index, compiled by the Dallas Federal Reserve, is dropped to -7.3 points compared to 1.1 the previous month. It must be remembered that when the share of companies reporting an increase exceeds the share reporting a decrease, the index will be greater than zero, suggesting that the indicator has increased from the previous month.
The index of productiona key measure of the state’s production conditions, rose to 18.8 points from 10.8 points, while i new orders they fell to 3.2 points from 12.1.
The index of the ability to use rose by 5.5 points to 19.8 and the index of deliveries grew to 13.1 points from 11.8 points.