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Manufacturing in Texas remains in growth mode

from UPI

The Dallas Federal Reserve Bank said Texas manufacturing production expanded in October at a faster pace than September. The production index for the state rose from 11.5 to 13.3, "suggesting output increased at a slightly faster pace than in September," the Fed said. Component indexes for new orders, capacity utilization and shipments also moved "further into positive territory," the Dallas branch of the Federal Reserve said. more

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