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Texas Service Sector Declines Amid Stable Employment Metrics

7/2/2025

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Summary

Story summary

Texas service sector activity declined in June, reflected by a revenue index of -4.1.
Employment metrics remained stable, with a slight improvement in company outlook at -2.4.
Retail sales fell significantly, indicated by a sales index of -29.5.
Manufacturing production held steady, showing a production index of 1.3, while loan demand rose.

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Story summary

Texas service sector activity declined in June, reflected by a revenue index of -4.1.
Employment metrics remained stable, with a slight improvement in company outlook at -2.4.
Retail sales fell significantly, indicated by a sales index of -29.5.
Manufacturing production held steady, showing a production index of 1.3, while loan demand rose.