Dallas Fed Flags Deepening Factory Gloom: Is Texas Warning Of Something Bigger? - SPDR S&P 500 (ARCA:SPY)
10 Articles
10 Articles
Texas Manufacturing Grows Modestly Despite Outlook Slump: Dallas Fed
Manufacturing activity in Texas continued to grow in April, though modestly, even as business sentiment deteriorated to a five-year low, the Federal Reserve Bank of Dallas reported on April 28. The Dallas Fed’s production index—a key gauge of factory output—registered 5.1, remaining in positive territory for a third consecutive month and signaling slight but steady growth. However, the general business activity index plunged to minus 35.8, the w…
Tariff ‘Chaos’ Drags Key Texas Manufacturing Gauge to Worst Since 2020
A widely followed measure of Texas manufacturing activity weakened significantly as executives used words like “chaos” and “insanity” to describe the turmoil spurred by President Donald Trump’s tariffs, according to a report by the Federal Reserve Bank of Dallas.
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