Texas Factory Business Activity Slowed in September
By Jessica Coacci
Texas' factory sector continued to grow in September while perceptions of broader business activity were mixed, according to the Federal Reserve Bank of Dallas.
The Texas Manufacturing Outlook Survey's index for general business activity, released by the Dallas Fed, was 9.8 in September following an 11.6 reading in August.
The production index, a key measure of state manufacturing conditions, jumped 13 points to 29.5, a reading suggestive of a robust pace of output expansion. The company outlook index continued to improve but at a slower pace, coming in at 8.7, down from 19.2.
The new orders index increased to 30.7 from 22.0. Employment growth picked up in September, while work hours were little changed.
Meanwhile, the finished goods prices index rose five points to 27.6, while the raw materials prices index advanced eight points.
Write to Jessica Coacci at jessica.coacci@wsj.com
(END) Dow Jones Newswires
September 28, 2026 11:00 ET (15:00 GMT)
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