Texas Fac­to­ry Out­put Surges in Sep­tem­ber as Orders Pile Up

Texas man­u­fac­tur­ing activ­i­ty accel­er­at­ed sharply in Sep­tem­ber, with out­put, new orders, and hir­ing all ris­ing well above their his­tor­i­cal norms, accord­ing to the Fed­er­al Reserve Bank of Dal­las.
The pro­duc­tion index in the Dal­las Fed’s Texas Man­u­fac­tur­ing Out­look Sur­vey, which the bank calls a key mea­sure of state man­u­fac­tur­ing con­di­tions, jumped 13.4 points to 29.5, f …