Texas Manufacturing Activity Continues to Expand in March

DALLAS, March 26 /PRNewswire/ -- Manufacturing in Texas continued to expand in March, according to the Federal Reserve Bank of Dallas' Texas Manufacturing Outlook Survey.

The survey can be found at http://www.dallasfed.org .

The production index increased to 27.2 in March, compared with 18.1 in February.

Indicators for capacity utilization, volume of shipments, average employee work week and capital expenditures also strengthened.

All indexes remained positive; however, indexes for volume of orders, growth of orders and general business sentiment recorded slightly lower levels in March than February.

Sentiment on general business activity was 12.7 in March compared with 26 in February.

"For perspective, it's important to note that the general business activity index dipped into negative territory during fourth quarter 2006 and rebounded to 4.7 in January," said Dallas Fed economist Fiona Sigalla.

"Additionally, while there is some cooling in the volume of new orders and level of general business activity, there continue to be indicators of strength in production, capacity utilization and volume of shipments."

The Dallas Fed conducts the survey monthly to obtain a timely assessment of the state's factory activity. More than 120 businesses responded to the March survey.

Texas produces more than 8 percent of the total manufactured goods in the United States. Texas ranks second behind California in factory production and first as an exporter of manufactured products.

For additional perspective on the Texas Manufacturing Outlook Survey, visit http://dallasfed.org/research/swe/2007/swe0701g.cfm .

Dallas

Web site: http://www.dallasfed.org/
http://dallasfed.org/research/swe/2007/swe0701g.cfm/




Review Article Be the first to review this article

Featured Video
Editorial
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Re-Use Your CAD: The ModelCHECK Handbook
Jobs
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
Senior Structural Engineer for Design Everest at San Francisco, CA
GIS Analyst II for Air Worldwide at Boston, MA
Upcoming Events
Design & Manufacturing, Feb 7 - 9, 2017 Anaheim Convention Center, Anaheim, CA at Anaheim Convention Center Anaheim CA - Feb 7 - 9, 2017
Innorobo 2017 at Docks de Paris Paris France - May 16 - 18, 2017
Display Week 2017 at Los Angeles Convention Center 1201 S Figueroa St Los Angeles CA - May 21 - 26, 2017
SolidCAM: Program your CNCs directly inside your existing CAD system.



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise