US DATA: July Dallas Fed Mfg Outlook Survey: text: “Texas factory
activity continued to increase in July. The production index, a key
measure of state manufacturing conditions, fell from 15.5 to 12,
suggesting slightly slower output growth. Other measures of current
manufacturing activity also indicated slower growth in July. The new
orders index was positive for the second month in a row, although it
moved down from 7.9 to 1.4. Similarly, the shipments index posted its
second consecutive positive reading but edged down from 9.6 to 7.4. The
capacity utilization index came in at 8.7 after rising to 13.3 last
month. Perceptions of broader economic conditions were mixed.” Prices
were largely unch.