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Economists site the rise of active COVID-19 cases as one of the reasons for the Sept. decline.

United statesChristopher slikFederal reserve bankTexas service sector outlookTexas service sector outlook surveyDallas federal reserveDallas fedActivity in the texas service sector showeda slightly slowed performance month of sept this x27s outlook surveyOnducted by the dallas federal reserveCtivity decelerated in comparison to aug the revenue index declined two points 14 5 weakest reading since feb economists site rise of active covid 19 cases as one reasons for sept decline quot we x27 ve seen some deceleration septemberI think due toa number of factorsOvid again being one of themUot said christopher slikAssociate economistEderal reserve bank of dallas quot but it x27s also associated with that the supply chain disruptions and ongoing labor market tightness we x27 ve been seeing throughout state despite decelerationHe dallas fed is hopeful fora positive fourth quarter of 2021