Texas Manufacturers Bullish on Economy

The Dallas Fed reports a “surge” in manufacturing activity in June. And that is accompanied by a surge in optimism.

Perceptions of broader business conditions rebounded strongly in June. The general business activity index rose to 6.5 after posting negative readings in April and May. The company outlook index soared 20 points to 13.3, reaching its highest level in 16 months.

Read the full report here.