The Texas manufacturing industry is showing steady growth, according to a new report from the Federal Reserve Bank of Dallas. The Texas Manufacturing Outlook Survey reported activity growth in January across the state marked 10th consecutive month of activity growth.
The production index grew from January's reading of 7.1 to 10.8 in February. Several sectors among the industry also showed vast improvements during February including capacity utilization, which rose from the from a 8.2 index reading in January to 9.1 this month. Shipments also posted gains as this sector notched a reading of 13.3 for the month. The amount of activity over the past month is good for the Lone Star State because it produces more than 11 percent of the total manufactured goods in the U.S., according to the San Antonio Business Journal.
Although several sectors posted gains over the month, some decreased during this time. New orders fell from 14.4 to be 9.5, while the general business activity index dropped to 0.3 after having three straight months of increases.
Businesses who are looking for experienced workers who can help them meet the demands of the industry can enlist the services of manufacturing recruiters to help them in their search.