![\"Texas](\"https:\/\/www.dallasfed.org\/~\/media\/images\/svg\/surveys\/tmos-icon.svg\"){kind=icon}
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May 26, 2026<\/p>\n
Texas factory output growth slows to a moderate pace, outlooks stable<\/p>\n
Texas manufacturing output growth decelerated in May, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, fell 10 points to 9.4, a reading suggestive of an average pace of output expansion.<\/p>\n
Other measures of manufacturing activity also remained positive but showed signs of slower growth this month. The capacity utilization index plunged 15 points to 5.2, the new orders index dipped four points to 6.4, and the shipments index fell eight points to 7.4.<\/p>\n
Perceptions of broader business conditions were stable in May. The general business activity index edged up three points to 0.4, with the near-zero reading indicating no change in activity from April. Similarly, the company outlook index came in at 0.3, down from 3.0, with the near-zero May reading signaling no change in outlooks. The outlook uncertainty index was little changed at 19.2, remaining above the series average of 16.9.<\/p>\n
Employment continued to be flat, and workweeks held steady in May. The employment index was unchanged at 0.2, indicating no change in payrolls from April. The hours worked index moved down to 1.8 from 4.0.<\/p>\n
Input price pressures increased, selling price pressures eased, and wage pressures held steady this month. The raw materials prices index rose six points to 42.7, its highest level in eight months, while the finished goods prices index fell nine points to 18.9. The wages and benefits index was relatively unchanged at 23.6.<\/p>\n
Expectations are for increased manufacturing activity six months from now. The future production index was little changed at 36.8, and the future general business activity index came in at 14.3, unchanged from last month. Other indexes of future manufacturing activity remained in positive territory.<\/p>\n
Next release: Monday, June 29<\/p>\n
Data were collected May 12\u201320, and 75 of the 114 Texas manufacturers surveyed submitted responses. The Dallas Fed conducts the Texas Manufacturing Outlook Survey monthly to obtain a timely assessment of the state\u2019s factory activity. Firms are asked whether output, employment, orders, prices and other indicators increased, decreased or remained unchanged over the previous month.<\/p>\n
Survey responses are used to calculate an index for each indicator. Each index is calculated by subtracting the percentage of respondents reporting a decrease from the percentage reporting an increase. When the share of firms reporting an increase exceeds the share reporting a decrease, the index will be greater than zero, suggesting the indicator has increased over the prior month. If the share of firms reporting a decrease exceeds the share reporting an increase, the index will be below zero, suggesting the indicator has decreased over the prior month. An index will be zero when the number of firms reporting an increase is equal to the number of firms reporting a decrease. Data have been seasonally adjusted<\/a> as necessary.<\/p>\n","protected":false},"excerpt":{"rendered":"May 26, 2026 Texas factory output growth slows to a moderate pace, outlooks stable Texas manufacturing output growth…\n","protected":false},"author":2,"featured_media":486457,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,1062,101,2800,223635,18348],"class_list":["post-667074","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-dallas","tag-economy","tag-federal-reserve","tag-manufucturing","tag-texas-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/667074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=667074"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/667074\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/486457"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=667074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=667074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=667074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}