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Top related persons:
Fred Meyer - 1 — - 1 Raymond James - 1 Larry Adam - 1 Harley Bassman - 1 I'm - 1 there's - 1 David Solomon - 1
Top related locs:
Kroger Palmer , Alaska An Texas China U.S Ukraine Dallas Fed's Texas
Top related orgs:
Texas Manufacturing - 2 Federal Reserve Bank of Dallas - 2 Dallas Federal - 1 Dallas - 1 Dallas Fed - 1 Service - 1 Companies - 1 Bloomberg - 1

Search resuls for: "Texas Manufacturing"


6 mentions found


☆ Increased sausage demand could be worrying signal on the economy
  + stars: | 2024-08-26 | by ( Alex Harring | ) www.cnbc.com   time to read: +2 min
An uptick in sausage demand can offer the latest sign of consumers tightening their belts as they continue grappling with high prices. There has been "modest growth" in the dinner sausage category for one producer, according to the Dallas Federal Reserve's Texas Manufacturing Outlook Survey released Monday. "This category tends to grow when the economy weakens," the respondent said, according to edited comments included in the Dallas Fed's report. That is because "sausage is a good protein substitute for higher-priced proteins and can 'stretch' consumers' food budgets." This anecdote pointed out by eagle-eyed Bespoke Investment Group on social media site X comes as grocery prices remain top of mind for consumers.
Persons: Fred Meyer Organizations: Dallas Federal, Texas Manufacturing, Dallas Locations: Kroger, Palmer , Alaska, An
☆ Texas businesses feel terrible about the economy
  + stars: | 2023-11-01 | by ( Noah Sheidlower | ) www.businessinsider.com   time to read: +5 min
Many Texas manufacturing businesses are struggling amid economic uncertainty. AdvertisementAdvertisementMany Texas manufacturing businesses are not happy about how the economy is doing. The survey of 94 Texas manufacturers detailed how many Texas manufacturing firms are struggling. Still, the survey's production index, which measures Texas' manufacturing conditions, improved in October, despite a decline in the new orders index. Comments included in the report showed that across manufacturing, businesses are unsure about how to prepare for the future.
Persons: —, Raymond James, Larry Adam, Harley Bassman, I'm, there's, David Solomon, Goldman Sachs, we've Organizations: Dallas Fed, Service, Texas Manufacturing, Federal Reserve Bank of Dallas, Companies, Bloomberg, Management Locations: Texas, China, U.S, Ukraine
☆ 'Interest rates are killing our industry': Here's what businesses are saying about the Fed's impact on the economy
  + stars: | 2023-08-28 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +3 min
The Federal Reserve's interest rate hikes are having a negative impact on the economy. "Interest rates are killing our industry," said an executive from the transportation equipment sector. AdvertisementAdvertisement"High interest rates are affecting industrial production like never before... interest rates have placed an inverted incentive to grow due to a major slowdown in capital equipment expenditures. This is the time to stop raising interest rates," one survey respondent in the computer and electronic product manufacturing industry said. Finally, a survey respondent from the transportation equipment manufacturing industry had this to say about what the Fed is doing with interest rates: "Interest rates are killing our industry."
Persons: Jerome Powell, Jackson Organizations: Dallas Fed's, Dallas Fed's Texas Manufacturing, Federal Reserve Bank of Dallas, Federal Locations: Dallas Fed's Texas, Dallas
☆ Tesla plans to spend more than $770 million on Texas factory expansion
  + stars: | 2023-01-10 | by ( Lora Kolodny | ) www.cnbc.com   time to read: +1 min
A giant cowboy boot is on display outside the Tesla Giga Texas manufacturing facility during the "Cyber Rodeo" grand opening party on April 7, 2022 in Austin, Texas. Tesla has registered with the state of Texas to expand its electric vehicle factory in Austin this year. January filings with the Texas Department of Licensing and Registration reveal that Tesla plans to spend upwards of $770 million on the construction of facilities there, including for battery cell testing and manufacturing, cathode and drive unit manufacturing, and a die shop, among other things. The Elon Musk-led automaker officially opened its Texas electric vehicle and battery factory in April 2022, hosting a "cyber rodeo" party for shareholders and fans there. Today, Tesla manufactures some of its Model Y crossover utility vehicles in Austin, and plans to mass-manufacture its science fiction inspired Cybertruck, an unconventional pickup, there as well.
☆ Tesla shares have fallen 28% since Elon Musk took over Twitter, lagging other carmakers
  + stars: | 2022-12-13 | by ( Lora Kolodny | ) www.cnbc.com   time to read: +4 min
CEO of Tesla Motors Elon Musk speaks at the Tesla Giga Texas manufacturing "Cyber Rodeo" grand opening party in Austin, Texas, on April 7, 2022. U.S. electric truck maker Rivian has fallen by 27% over that period. Shares in electric vehicle maker Tesla have fallen 28% since October 27, when CEO Elon Musk bought Twitter and appointed himself "Chief Twit," or CEO, of the social media business. Musk sold billions of dollars' worth of his Tesla holdings to finance the Twitter takeover. Since he took over the company, Musk has been regularly posting incendiary tweets, especially aimed at people who hold center-to-left political values, and whom Musk often paints as enemies with a "woke mind virus."
☆ Elon Musk now owns Twitter. Here are the busy billionaire's 4 other companies and what they all do.
  + stars: | 2022-10-28 | by ( Hannah Towey | ) www.businessinsider.com   time to read: 1 min
Elon Musk is best known as the co-founder and CEO of Tesla, which he helped start in 2003. The automaker has since designed seven electric vehicle models, four of which are currently in production. CEO of Tesla Motors Elon Musk speaks at the Tesla Giga Texas manufacturing "Cyber Rodeo" grand opening party on April 7, 2022 in Austin, Texas. SUZANNE CORDEIRO/AFP via Getty Images
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