Tariff ‘Chaos’ Drags Key Texas Manufacturing Gauge to Worst Since 2020
Even companies with domestic inputs felt pressure because of a reduction in demand, one survey respondent said.
Photographer: Callaghan O'Hare/BloombergThis article is for subscribers only.
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A widely followed measure of Texas manufacturing activity weakened significantly as executives used words like “chaos” and “insanity” to describe the turmoil spurred by President Donald Trump’s tariffs, according to a report by the Federal Reserve Bank of Dallas.