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Tag Archives: factory activity

Manufacturing in New York region weakens in August

manufacturing, factories, New York

WASHINGTON (AP) — Factory activity in New York slowed in early August for the second straight month, and manufacturers in the state cut jobs. The Federal Reserve Bank of New York said Monday that its Empire State manufacturing index dropped to a reading of minus 4.2, from 0.6 in July. Any reading above zero points to expansion. Even so, new ...

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Dallas Fed: Texas factory activity flat in February

Weak oil prices and a strong U.S. dollar combined to squeeze many Texas manufacturers in February, keeping production levels flat for a second consecutive month and knocking new shipments down to levels not seen since 2009, according to a report Monday from the Federal Reserve Bank of Dallas. The state production index, a key measure of factory activity across Texas, ...

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