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Texas Service Sector Activity Slows Amid Declining Sentiment

2/27/2025

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Summary

Story summary

In February 2025, the Dallas Fed's General Business Activity Index for Texas's service sector dropped to 4.6, the lowest since October.
The revenue index increased to 8.2, signaling below-average growth, while employment remained stable.
Business sentiment declined notably, with the company outlook index falling to 1.1 and uncertainty rising to 14.2.
Texas service sector activity is still positive but indicates slower growth expectations.

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Story summary

In February 2025, the Dallas Fed's General Business Activity Index for Texas's service sector dropped to 4.6, the lowest since October.
The revenue index increased to 8.2, signaling below-average growth, while employment remained stable.
Business sentiment declined notably, with the company outlook index falling to 1.1 and uncertainty rising to 14.2.
Texas service sector activity is still positive but indicates slower growth expectations.