The Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for November. The latest general business activity index came in at -14.4, down 5 from last month.
On a more positive note, inflationary pressures have begun to ease. Rates of both input cost and output charge inflation fell in September to the softest since the first quarter of the year.
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Output flatlined across the East of England in December. PIC RICHARD SNASDELL
- Credit: Richard Snasdell
Output stagnated across the East of England in December as the country braced itself for another testing period, figures show.
But the region was one of only two to bolster its private sector workforce in December, the latest NatWest East of England Business Activity Index shows.
The index measures performance across the manufacturing and service sectors, with 50 indicating a balance of positive and negative responses from its panellists.
It revealed seasonally-adjusted month-on-month output across the east s manufacturing and service fell from 51.2 to 50.1 in December with survey respondents attributing the stagnation to tighter coronavirus restrictions.