Tuesday, November 20, 2012

Fed report: Texas manufacturing still weak - Houston Business Journal:

retention-jackjacks.blogspot.com
The report said 53 percent of manufacturin executives surveyed reported weaker market conditions in Marc and 43 percent said they experienced no improvemenrtfrom February. However, the repor indicates hope for themonths “Several indicators of future activity suggesyt that the region’s manufacturerd expect declines in factory activityg to ease over the next six the Federal Reserve Bank of Dallas said in its latest repor on manufacturing.
“Indexes for future production, capacity shipments, new orders and growth rate of orders improved modestlg for the fourthconsecutive month, and 40 percent of manufacturingh executives foresee increases in production six months from Labor remains a trouble spot, the report says, with demand for labor in manufacturing remaining weak. More than half of the firmds surveyed said they implemented job cuts and the averagr workweek fell for employeesin March, the Fed report The industry also noted that downward price pressures with 50 percent noticing a drop in input pricesa and 34 percent sellinfg their goods for lower In addition, the report says the index for materialx inventories fell to its lowest reading since the survey firstr began in 2004, with 30 percent of manufacturers noting decliness in their finished goodas inventories, the report said.

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