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Texas Manufacturing Activity Plummets Amid Rising Costs

2/25/2025

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Summary

Story summary

Texas manufacturing activity index fell to -8.3 in February 2025, down from 14.1 in January.
Production index decreased by 21 points to -9.1, reflecting drops in new orders and capacity utilization.
Business outlook deteriorated, with the uncertainty index rising to 29.2, the highest in seven months.
Input cost pressures increased, as raw materials prices hit a multiyear high.

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Story summary

Texas manufacturing activity index fell to -8.3 in February 2025, down from 14.1 in January.
Production index decreased by 21 points to -9.1, reflecting drops in new orders and capacity utilization.
Business outlook deteriorated, with the uncertainty index rising to 29.2, the highest in seven months.
Input cost pressures increased, as raw materials prices hit a multiyear high.