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Dallas Fed outlook surveys indicate manufacturing, service sectors improving | Hellenic Shipping News Worldwide

Dallas Fed outlook surveys indicate manufacturing, service sectors improving
Texas manufacturing and service sector activity increased in February, but the Federal Reserve Bank of Dallas surveys were conducted only partly after a polar vortex prompted rolling blackouts for millions of homes and businesses, resulting in extremely high wholesale power prices along with manufacturing and service business shutdowns.
The Dallas Fed’s Texas Manufacturing Outlook Survey’s production index, a key measure of economic activity, rose to 19.9 in February from January’s seasonally adjusted 4.6 and a seasonally adjusted 16.8 in February 2020. The index shows the percentage-point difference between respondents indicating increased activity and those who indicate decreased activity. ....

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Service sector in U.S. Texas flat in January: survey

HOUSTON, Jan. 26 (Xinhua) The service sector in the U.S. state of Texas was roughly flat in January, the latest report from the Federal Reserve of Dallas said on Tuesday.
According to business executives responding to the Dallas Fed s Texas Service Sector Outlook Survey, activity in the Texas service sector was roughly flat in January. The revenue index, a key measure of state service sector conditions, fell from 5.5 in December to 0.8 in January, indicating a flattening out of activity, according to the report released on Tuesday.
The survey also found that the state s labor market indicators pointed to slower employment growth and little change in the hours worked in January. The employment index declined while the part-time employment index was mostly unchanged. The hours worked index was similarly flat. ....

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Service sector in U.S. Texas flat in January: survey - World News

2021-01-26 19:05:18 GMT2021-01-27 03:05:18(Beijing Time) Xinhua English
HOUSTON, Jan. 26 (Xinhua) The service sector in the U.S. state of Texas was roughly flat in January, the latest report from the Federal Reserve of Dallas said on Tuesday.
According to business executives responding to the Dallas Fed s Texas Service Sector Outlook Survey, activity in the Texas service sector was roughly flat in January. The revenue index, a key measure of state service sector conditions, fell from 5.5 in December to 0.8 in January, indicating a flattening out of activity, according to the report released on Tuesday.
The survey also found that the state s labor market indicators pointed to slower employment growth and little change in the hours worked in January. The employment index declined while the part-time employment index was mostly unchanged. The hours worked index was similarly flat. ....

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Service sector in U.S. Texas enjoys modest growth in December: survey

HOUSTON, Dec. 29 (Xinhua) The service sector in the U.S. state of Texas grew modestly in December despite the continuous impact of the COVID-19 pandemic, the latest report from the Federal Reserve Bank of Dallas said on Tuesday. ....

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