Texas Manufacturing Survey Falls for Fifth Straight Month

Flextronics International Apple factory employees work on Apple Mac Pro computer assembly in Austin, Texas, on Nov. 20, 2019. Tom Brenner/Reuters

The Federal Reserve Bank of Dallas’s Texas Manufacturing Outlook survey for June fell for the fifth straight month.

Texas manufacturing output growth plunged 3 percent, to -4.2 percent in June, indicating a slight contraction in output, according to the Dallas Fed survey, published on June 26.