The Dallas Fed General Business Activity index for services in Texas went up to -9.3 in February of 2023 from -15 in the previous month. Although perceptions of business conditions continued to worsen in during the period, the result pointed to the most moderate deterioration in five months. The company outlook index booked a considerable improvement, increasing to -1.7 from -8.3 in the previous month, while the index measuring the outlook on uncertainty fell to 12.9 from 20 in January. source: Federal Reserve Bank of Dallas

Dallas Fed Services Index in the United States averaged 3.35 points from 2007 until 2023, reaching an all time high of 41.30 points in May of 2021 and a record low of -83.70 points in April of 2020. This page includes a chart with historical data for the United States Dallas Fed Services Index. United States Dallas Fed Services Index - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

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United States Dallas Fed Services Index



Calendar GMT Actual Previous Consensus TEForecast
2023-01-31 03:30 PM Jan -15 -20.5 -12
2023-02-28 03:30 PM Feb -9.3 -15 -10
2023-03-28 02:30 PM Mar -9.3 -21


Related Last Previous Unit Reference
Dallas Fed Manufacturing Index -15.70 -13.50 points Mar 2023
Dallas Fed Services Revenues Index 6.60 4.90 points Feb 2023
Dallas Fed Services Index -9.30 -15.00 points Feb 2023

United States Dallas Fed Services Index
The Dallas Fed conducts the Texas Service Sector Outlook Survey monthly to obtain a timely assessment of the state's service sector activity. Firms are asked whether revenue, employment, prices, general business activity and other indicators increased, decreased or remained unchanged over the previous month. Responses are aggregated into balance indexes where positive values generally indicate growth while negative values generally indicate contraction.
Actual Previous Highest Lowest Dates Unit Frequency
-9.30 -15.00 41.30 -83.70 2007 - 2023 points Monthly
SA

News Stream
Dallas Fed Services Index Improves Further in February
The Dallas Fed General Business Activity index for services in Texas went up to -9.3 in February of 2023 from -15 in the previous month. Although perceptions of business conditions continued to worsen in during the period, the result pointed to the most moderate deterioration in five months. The company outlook index booked a considerable improvement, increasing to -1.7 from -8.3 in the previous month, while the index measuring the outlook on uncertainty fell to 12.9 from 20 in January.
2023-02-28
Dallas Fed Services Index Increases in January
The Dallas Fed General Business Activity index for services in Texas went up to -15 in January of 2023 from a revised -20.5 in December. Perceptions of broader business conditions continued to worsen in January, though pessimism waned. The company outlook index also improved from -11.0 to -8.3, while the outlook uncertainty index remained elevated at 20.0, above its series average of 13.4.
2023-01-31
Dallas Fed Services Index Lowest Since July 2020
The Dallas Fed General Business Activity index for services in Texas fell to -19.8 in December of 2022, the lowest since July 2020, sinking well below the series average of 3.5, and compared to the -11 in the prior month. Perceptions of broader business conditions dropped further with the company outlook gauge falling sharply to -9.9 from -4.1 in the prior month. On the other hand, the uncertainty outlook eased to 22 from 23.4 in the previous period.
2022-12-28