TEXAS - The state of Texas saw a 5 point increase in manufacturing activity for June.
Data from the Federal Reserve Bank of Dallas showed activity climbing from 11 to 15.5 on the Fed’s production index, reflecting faster output growth than that of May 2014.
The Fed report also conveyed the increase in the general business activity index from 8 to 11.4 for June 2014.
Other figures from the report included stronger employment growth, longer workweeks among Texas employees and increased prices for raw materials.
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