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Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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Texas manufacturing continues to expand

two 3d humans keep gears in handsTexas manufacturing continued to expand in July with production picking up and optimism about the future rising to its highest level since 2010, according to new data from the Federal Reserve Bank of Dallas.

Texas manufacturers made more goods this month and factories are using more of their capacity, according to the Texas Manufacturing Outlook Survey, which polled 113 manufacturers in the state.

The production index, a key measure of activity, rose 10.5 points to 22.8. Manufacturing capacity grew for the 13th-consecutive month in a row, up 5.8 points from June to 18.1 in July, according to the survey.

Click here to read the original article: Texas manufacturing continues to expand MySA 7-31-2017

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