Report: Texas manufacturing is still bleak

From Austin Business Journal, February 23, 2009...

The Texas manufacturing sector is still facing the downside of a struggling economy, according to a new report from the You can watch up to ten companies at a time." Federal Reserve Bank of Dallas.

According to the report, the production index in manufacturing hit a new low as half of those surveyed said they were experiencing drops in output.

A ratio of four-to-one of those surveyed reported drops in capacity utilization, volume of new orders and shipments.

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