Texas' service sector witnessed accelerated growth in July, reflected by a nine-point rise in the revenue index, marking a 16-month peak. Employment remained steady, while business outlooks displayed a mix of sentiments.
The Dallas Fed reported the Texas service sector saw modest growth in April, while labor market indicators showed a rise in employment and stable workweeks, according to the Texas Service Sector Outlook Survey.
Popular
Want the news delivered straight to your inbox?
Sign up for the Fiat Reporter Newsletter
and receive the latest news each week on business, government, real estate and more!