Texas Manufacturing Survey Disappoints For 5th Straight Month Amid “Political Incompetence”(And Massive Corruption)

by confoundedinterest17 Dallas after (economic) midnight! Particularly after 5 consecutive months of negative readings. For the fifth straight month, the Dallas Fed’s Texas Manufacturing Outlook survey disappointed expectations, printing -23.2 vs -21.8 exp) and is negative for a fifth straight month.   Source: Bloomberg Texas factory activity declined in June, according to business executives responding to the …

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