Posted April 26, 2010
Texas manufacturing picks up
Texas factory activity increased for the sixth month in a row in April, according to business executives responding to the Texas Manufacturing Outlook Survey.
The production index, a key indicator of state manufacturing conditions, climbed further into positive territory as more producers reported increased activity.
The April production index came in at 18, up from its March level of 9, with 40 percent of respondents noting increased output.
Other indicators of current factory activity also pointed to strong growth. The indexes for capacity utilization, new orders and shipments showed marked increases. The growth rate of orders index jumped to its highest level since June 2006.
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