“More Like A Train Wreck Than A Soft Landing” – Dallas Fed Services Sector Survey Slumps In October
October 31, 2023 at 12:40 PM EDT
Growth in Texas service sector activity stalled in October, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of state service sector conditions, fell eight points to 0.7, with the near-zero reading suggesting little change in activity from September. Perceptions of broader business conditions continued to […] Source