Summary

• The general business activity index fell 2.1 points to -2.3, indicating slightly worsening business conditions.
• The production index, a key measure of state manufacturing conditions, jumped 12 points to 19.0, a reading suggestive of an above-average pace of output expansion.
• The capacity utilization index moved up 13 points to 19.8, the new orders index increased four points to 9.9 and the shipments index rose 13 points to 15.0.

By Jennifer Nash

The Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for April. The general business activity index fell 2.1 points to -2.3, indicating slightly worsening business conditions.

Texas manufacturing output growth accelerated in April, according

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