![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjkal6cyUkJlpwbnpo55UjSPC9TzuEX_7k6P-KRHhBAqtQZWjqBCvbnMZR7alRsuWhNr1MpE8vLs1K6CHEkDN1_HKX0zZwT6Qm3TXOjL_02BcNm3oMOj6qnxF8uavt5SohOIzrb/s280/texas.jpg)
Today, the
Federal Reserve Bank of Dallas released their
latest read on manufacturing in their region indicating that manufacturing activity continued to slow with current production declining to a weak expansion of 1.1 while new orders turned down to a weak expansion 4.8.
Most importantly, general business activity declined to a contraction level of -11.4, the lowest level seen since September of 2010.