Texas Factory Woes Hint at National Recession
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Texas Factory Woes Hint at National Recession
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This report explains why Texas manufacturers are flashing red warning lights for the entire American economy. Even as the stock market climbs to record highs and the government points to strong job openings, the reality on the ground is a mix of shrinking orders, rising inventories, squeezed wages, and creeping production slowdowns. With rare earth magnet shortages adding more pressure and hours being cut across factory floors, the risk of a hidden inventory recession is rising. If demand doesn’t come back soon, production will stall, layoffs will follow, and policymakers could be caught behind the curve—unable to stop the slide once it starts.
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