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Dallas Fed Sept. business activity index drops
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Topic: Dallas Fed Sept. business activity index drops (Read 105 times)
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Dallas Fed Sept. business activity index drops
«
on:
September 26, 2011, 11:09:57 PM »
Dallas Fed Sept. business activity index drops
26 September 2011
, by Kathleen Madigan - New York (MarketWatch)
http://www.marketwatch.com/story/dallas-fed-sept-business-activity-index-drops-2011-09-26
Excerpt:
Business conditions in Texas-area manufacturing deteriorated slightly this month, but production and employment picked up, according to a report released Monday by the Federal Reserve Bank of Dallas
.
The bank said its general business activity index fell to -14.4 in September from -11.4 in August
.
Readings below 0 indicate contraction, and positive numbers indicate expanding activity
.
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