NEW YORK - “Texas manufacturing activity deteriorated further in November,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released today.

“Most indicators of current factory activity plunged sharply. Several indexes for future production fell to their lowest levels since the survey started in June 2004, suggesting respondents expect continued deterioration in manufacturing activity over the next six months,” the Fed said

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.