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Manufacturing flat in Texas

April 29, 2013 at 11:43 AM   |   Comments

DALLAS, April 29 (UPI) -- The Dallas Federal Reserve Bank said the growth in Texas manufacturing production was flat in April.

The district bank's monthly production index in the state dropped sharply from 9.9 to negative 0.5, a near-zero figure that indicated nearly imperceptible movement.

The critical new-orders index behaved similarly, dropping from 14 to minus 4.9.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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