World Search Consultancy - International Chemical Management Advisor

Recent Posts

Short and Long
DJIA for arguments sake I remain bullish and invested.
OPEC at 86% compliance to cuts
US Propylene breaks out once again
Did you know equities and commodities run in opposite directions?


Chemical Update 2016
DJIA Investing
Update 2017
powered by

My Blog

Shale Rich Texas struggling

Manufacturing, an economic backstop in shale-rich Texas, is witnessing a drop in payrolls in an otherwise mixed bag, the Federal Reserve Bank of Dallas said."Employment reports varied across sectors," the bank said in a report. "Manufacturing and energy services firms continued to trim payrolls."Apart from oil, Texas is one of the top manufacturing states in the country and the Federal Reserve Bank of Dallas said a stronger dollar, which makes U.S. goods more expensive, continued to put pressure on that part of the state economy.The bank warned earlier this year that the pressure from low oil prices was spilling over to other parts of the economy, with banks in southern U.S. states facing increasing risk. In its Beige Book, the bank said high-tech manufacturing growth was witnessed across the board, though construction-related manufacturing was mixed.The Federal Reserve Bank of Dallas said that, even though drilling activity picked up across the state, demand for oilfield services declined. With oil priced in the upper $40-per-barrel range, the bank said companies tied to the oil and gas industry in the state were showing signs of distress.Karr Ingham, an economist who created a so-called petro index to gauge the health of the industry, said there were "encouraging signs" that the worst was over for the No. 1 oil producer in the country, though some metrics still suggested the state may still be skimming the bottom of a downturn.Both oil and natural gas production in Texas were down from last year, Ingham said, with oil production off 7.8 percent from July 2015."Outlooks were generally positive but cautious, with the upcoming presidential election driving some of the uncertainty," the Dallas bank said. "Several contacts said they believe the worst of the oil bust slump has passed, but that economic growth has not yet returned to normal levels."

20 Comments to Shale Rich Texas struggling:

Comments RSS
dissertation service on Monday, June 25, 2018 1:06 AM
The requirement of teachers has increased in educational field because teachers are very important in it. The demand of teachers in different between different educational institutes. You have told very important things in this article as anybody can get help from it and can get good knowledge about education.
Reply to comment

H12-223 Exam Test Questions Answers on Tuesday, December 18, 2018 6:05 AM
We Provide Our Customers With Latest and up-to-date Dumps Questions & Answers with 100% Exam Passing Guarantee. We Promise Exceptional Success in First Attempt.
Reply to comment

anonymous on Saturday, December 29, 2018 6:59 AM
Reply to comment

Anonymous on Tuesday, January 1, 2019 1:20 AM
it's really nice and meanful. it's really cool blog. Linking is very useful have really helped lots of people who visit blog and provide them usefull information Carpal Tunnel Syndrome Treatments
Reply to comment

homework for me on Tuesday, January 22, 2019 3:28 AM
very informative post about the oil and gas industry, Good to know about these changes. They will be beneficial for the users and make the working easy and user-friendly for them.
Reply to comment on Tuesday, February 5, 2019 9:36 AM
Such a nice informative this post about the gas,oil industry. Good to know about these information i am read all content about oil and gas its really helpful for the workers and other people Thanks for sharing this..
Reply to comment

CBD Edibles on Wednesday, March 20, 2019 7:07 PM
CBD and hemp oil online shopping. CBD and hemp oil products for sale online. Shop for CBD and hemp oil now!
Reply to comment

replica watches on Monday, April 1, 2019 3:57 AM
The cravings are the demon here and are predictable when continuing to use alcohol in any amount.
Reply to comment

picbear on Friday, August 30, 2019 1:05 AM
I was looking for something like this ,Thank you for posting the great content……I found it quiet interesting.
Reply to comment

Kevin Steve on Wednesday, September 11, 2019 1:55 AM
Your blog is very great and cool. I am really impressed with your work. I hope you will soon share your next post about this discussion. Thanks for sharing and keep sharing. Premium blue tarps for sale
Reply to comment

how to get free avacoins on Wednesday, December 18, 2019 12:53 AM
We know that later in the game you find it a little embarrassing to make the coin.
Reply to comment

Useless Websites on Thursday, February 6, 2020 12:09 AM
Shale Rich Texas struggling Useless Websites
Reply to comment

small tattoos on Saturday, April 4, 2020 2:34 AM
small tattoos small tattoos
Reply to comment

hannah alice on Thursday, April 16, 2020 7:56 AM
I think its so worth learning article and many students can get help from this for 123movies.I want you to keep sharing more posts like this.
Reply to comment

Hilary on Thursday, December 24, 2020 2:14 AM
Have you ever heard of celeb networth - the famous website for celebrities information?
Reply to comment

Winifred on Monday, January 4, 2021 3:55 AM
We're a gaggle of volunteers and strarting a new scheme in our community. Your web site offered us with valuable innfo to wwork on. You've done an impressive activity and ourr entire group might be gratesful to you. websiite to wrrite essays website to write essays
Reply to comment

Jack Payne on Monday, February 22, 2021 1:13 AM
I am very happy to see your post. It is very well authored and easy to assume. Thanks for sharing.
Reply to comment

Black Widow Costume on Wednesday, April 7, 2021 4:17 AM
Excellent .. Amazing .. I’ll bookmark your blog and take the feeds also…I’m happy to find so many useful info
Reply to comment

Jack payne on Wednesday, April 7, 2021 6:47 AM
I recently came across your blog and have been reading along. I thought I would leave my first comment
Reply to comment

Café Racer Jacket on Tuesday, June 1, 2021 3:39 AM
I recently came across your blog and have been reading along. I thought I would leave my first comment
Reply to comment

Add a Comment

Your Name:
Email Address: (Required)
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment
Website Builder provided by  Vistaprint