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Texas Manufacturing Index Hits Record Low Amid Declines

4/29/2025

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Summary

Story summary

In April 2025, the Dallas Fed's manufacturing index for Texas plummeted to -35.8, the lowest since May 2020.
New orders dropped to -20.0, shipments to -5.5, and capacity utilization fell to -3.8.
Employment indicators showed minor declines in headcounts and work hours, alongside rising input cost pressures.
The company outlook index hit a post-pandemic low of -28.3, indicating deteriorating sentiment among businesses.

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Story summary

In April 2025, the Dallas Fed's manufacturing index for Texas plummeted to -35.8, the lowest since May 2020.
New orders dropped to -20.0, shipments to -5.5, and capacity utilization fell to -3.8.
Employment indicators showed minor declines in headcounts and work hours, alongside rising input cost pressures.
The company outlook index hit a post-pandemic low of -28.3, indicating deteriorating sentiment among businesses.