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Devour

Coronavirus to Devour Texas Economy Before Spreading Throughout America

The Dallas Fed’s monthly manufacturing index crashed to record lows in March, and to levels not seen since the 2008-09 financial crisis. Coronavirus is accelerating the loss of U.S. manufacturing as production, new orders and capacity utilization plunge. Those hoping for a v-shaped recovery could be disappointed as coronavirus alters the fabric of the U.S.…