The Dallas Fed General Business Activity index for services in Texas rose slightly to -11 in November of 2022, from an over two-year low of -13.6 in the prior month. Perceptions of broader business conditions remained negative in November, although they were less pessimistic than in October. The company outlook index also increased to -4.1 from -9.1, while the outlook uncertainty index fell four points to 23.4. source: Federal Reserve Bank of Dallas

Dallas Fed Services Index in the United States averaged 3.64 points from 2007 until 2022, 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 December of 2022.

Dallas Fed Services Index in the United States is expected to be -7.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Dallas Fed Services Index is projected to trend around 9.00 points in 2023 and 7.00 points in 2024, according to our econometric models.

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United States Dallas Fed Services Index



Calendar GMT Actual Previous Consensus TEForecast
2022-11-01 02:30 PM Oct -13.6 -5.4 -5
2022-11-29 03:30 PM Nov -11 -13.6 -15
2022-12-28 03:30 PM Dec -11 -7


Related Last Previous Unit Reference
Dallas Fed Manufacturing Index -14.40 -19.40 points Nov 2022
Dallas Fed Services Revenues Index 5.50 8.50 points Nov 2022
Dallas Fed Services Index -11.00 -13.60 points Nov 2022

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
-11.00 -13.60 41.30 -83.70 2007 - 2022 points Monthly
SA

News Stream
Dallas Fed Services Index Improves Slightly in November
The Dallas Fed General Business Activity index for services in Texas rose slightly to -11 in November of 2022, from an over two-year low of -13.6 in the prior month. Perceptions of broader business conditions remained negative in November, although they were less pessimistic than in October. The company outlook index also increased to -4.1 from -9.1, while the outlook uncertainty index fell four points to 23.4.
2022-11-29
Dallas Fed Services Index Lowest since July 2020
The Dallas Fed General Business Activity index for services in Texas fell to -13.6 in October of 2022, the lowest reading since July of 2020, from -5.4 in September, pointing to worsening perceptions of broader business conditions as uncertainty continued to increase. The company outlook index also fell to 9.1 from -1.4 and the outlook uncertainty index increased 13 points to 27.6.
2022-11-01