“Texas manufacturing activity remained soft in July,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Dallas, released yesterday.

The general business conditions index declined to negative 27.4 in July from negative 24.1 in June. The production index remained zero in July, while capacity use reversed to positive 3.9 from negative 0.9, the Fed reported. Volume of new orders slid to negative 7.7 from negative 6.5.

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