Dallas Fed Texas Service Sector Index
US Dallas Fed Texas service sector index and outlook since 2007.
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | 07-2025 | 06-2025 | 05-2025 | 04-2025 | 03-2025 | 02-2025 | 01-2025 | 12-2024 | 11-2024 | 10-2024 | 09-2024 | 08-2024 | 07-2024 | 06-2024 | 05-2024 | 04-2024 | 03-2024 | 02-2024 | 01-2024 | 12-2023 | 11-2023 | 10-2023 | 09-2023 | 08-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Conditions11 | ||||||||||||||||||||||||||||||||||||||
| Revenues | 6.6 | 9.5 | 9.8 | 5 | 4.3 | 1.3 | 4.1 | 7.8 | 0 | -3 | -6.8 | -2.6 | 8.3 | 5.9 | -4.4 | -5.2 | 3.2 | 0.6 | 7.6 | 5.2 | 13.9 | 10.8 | 9.7 | 10.7 | 8.6 | 7.6 | 2.5 | 7.3 | 0.3 | 4 | 4.8 | -4 | 3.9 | -3 | 0.9 | 8.5 | 15.9 | |
| Employment | 0.8 | 2.6 | 8.1 | -3.2 | -1 | 2.5 | 0.4 | 0.9 | -1.1 | 2.8 | -6.1 | -4.1 | 1 | 2.5 | -1.4 | -0.3 | -5.2 | 2.1 | -0.1 | -1.1 | 2.2 | 4.7 | -0.3 | 2 | 0.4 | -0.6 | 1.8 | 3.8 | -2.2 | -1.3 | 3.6 | 3 | 2.9 | 4.2 | -0.8 | 1.6 | 8.1 | |
| Part-time Employment | -1.8 | -0.1 | 2.4 | 2.3 | 0.7 | 0.5 | -0.2 | 5.5 | -0.1 | 0.6 | 0.2 | -0.1 | -2.4 | -3.6 | -1.5 | -0.5 | -3.3 | -1.7 | 1.1 | 4.5 | -0.4 | 2.5 | -2 | -0.1 | -4.8 | -2.4 | -3.7 | -2.5 | 0.2 | -1.2 | 2.5 | -1 | 0.7 | 1.7 | -2.9 | -1.5 | 3.1 | |
| Average Weekly Hours | 5.7 | 4.9 | 3.6 | -0.5 | -1.3 | -0.1 | -2.7 | 1.1 | -2.6 | -0.8 | -1.6 | -1.3 | 5.4 | 3.3 | -0.2 | -1.3 | 1.5 | 1 | -1.2 | 3.7 | -1.2 | 5.1 | 2.9 | -0.5 | -0.4 | -0.8 | 0.7 | -0.2 | -2.4 | 0.8 | 0.4 | -4.5 | -0.5 | -0.6 | -0.9 | 3.4 | 2.9 | |
| Wages and Benefits | 18.8 | 15.7 | 15.3 | 6.2 | 7.7 | 12.9 | 9.2 | 13.5 | 10.6 | 14.6 | 10.7 | 11.8 | 15.7 | 13.3 | 8.4 | 9.5 | 9.1 | 10.1 | 11 | 15.6 | 15.2 | 15.6 | 15.8 | 11.6 | 13.9 | 13.1 | 16.2 | 16.2 | 14.2 | 19.4 | 15.5 | 16.7 | 15.7 | 15.9 | 16.7 | 18.1 | 20.1 | |
| Input Prices | 35.6 | 33.5 | 36.5 | 29.7 | 31.2 | 24.4 | 22.4 | 21.1 | 27.1 | 28.4 | 23.7 | 25.2 | 28.5 | 25.9 | 21.8 | 21 | 32.9 | 27.2 | 28.1 | 27.7 | 23.6 | 18.7 | 26.3 | 23.6 | 28.6 | 22.1 | 25 | 20.8 | 28.4 | 30 | 34.1 | 33.4 | 35.8 | 32.6 | 37.6 | 38.3 | 38.3 | |
| Selling Prices | 8.9 | 14.2 | 7.7 | 5 | 8.3 | 4.9 | 8.3 | 7.9 | 8.2 | 6.6 | 4.6 | 1.6 | 2.6 | 3.2 | 6.6 | 4.8 | 8 | 5 | 7.8 | 13.7 | 7.5 | 2.7 | 3.5 | 5.1 | 4.4 | 4.6 | 3.6 | 3.7 | 3.5 | 7.5 | 7.5 | 8.3 | 12.7 | 11.1 | 9.1 | 9.4 | 13.9 | |
| Capital Expenditures | 6 | 11.5 | 10.2 | 6.4 | 6.2 | 6.4 | 4.5 | 6.8 | 10.5 | 6.2 | 6.1 | 7.6 | 6 | 12.3 | 7.5 | 4.3 | 0.2 | 7.2 | 10.3 | 12.6 | 8.3 | 10.1 | 9.1 | 7.5 | 5.2 | 5.6 | 7.2 | 3.3 | 5.4 | 6.6 | 10.1 | 5.8 | 9.3 | 3.8 | 6.6 | 6.7 | 9.5 | |
| Company Outlook | 3 | 10.4 | 6.1 | -5.4 | -5 | -9.9 | -2.4 | 5.6 | -2.7 | -3.8 | -9.5 | -2.2 | 4.8 | -1.8 | -2.2 | -8.6 | -15.5 | -12.7 | 1 | 14.6 | 11.8 | 10.4 | 4.8 | 1.5 | -3 | 1.5 | -0.7 | -5.1 | -1.1 | -0.1 | 3.3 | -5.4 | -0.7 | -7.7 | -11.9 | -4 | -0.7 | |
| General Business Activity | 4.2 | 6.6 | 2.9 | -7.7 | -9.9 | -13.3 | -3.2 | 2.7 | -5 | -4.1 | -11.1 | -7.4 | 5.1 | 0 | -6.3 | -11.8 | -21.2 | -13 | 2.8 | 6 | 10.7 | 11 | 3.8 | -1.4 | -7.2 | 0.4 | -3.2 | -11 | -9.5 | -4.5 | -5.3 | -10.2 | -9.7 | -12.7 | -18.5 | -8.3 | -2.7 | |
| Uncertainty Regarding Company Outlook | 12.9 | 12.7 | 12.6 | 14 | 24.8 | 27 | 9.3 | 16.5 | 16.1 | 18.4 | 22.4 | 22.8 | 11.4 | 12.9 | 19.5 | 18.9 | 40.6 | 27.6 | 14.2 | 3 | 1.6 | 1 | 17.8 | 9.3 | 13.7 | 8.2 | 13.4 | 11.5 | 13.9 | 11 | 6.8 | 14.3 | 14 | 9.8 | 22.9 | 14.8 | 11.3 | |
| Expectations Six Months Ahead10 | ||||||||||||||||||||||||||||||||||||||
| Revenues | 35.9 | 32.6 | 33.3 | 28.9 | 31.5 | 32.8 | 38.3 | 41 | 34.6 | 33.1 | 32.8 | 34.5 | 33 | 30.4 | 32.3 | 26.4 | 15.8 | 30.1 | 43.6 | 54.8 | 48.8 | 44.4 | 40.5 | 35.3 | 31.1 | 35.6 | 30.4 | 31.3 | 33.5 | 39.4 | 38 | 36.3 | 33.3 | 27.2 | 25.6 | 31.2 | 36.6 | |
| Employment | 19.1 | 22.4 | 14.6 | 15.3 | 18 | 21.1 | 21.2 | 22 | 19.8 | 19.8 | 19.7 | 24.8 | 19.9 | 18.5 | 19.5 | 17.1 | 9.4 | 14.3 | 25.3 | 35.7 | 29.1 | 28.1 | 23.7 | 16.1 | 17.7 | 18.4 | 16.2 | 13.3 | 13.3 | 21.6 | 20.4 | 16.5 | 22.7 | 17.1 | 22 | 26 | 28.2 | |
| Part-time Employment | 6.5 | 4 | 0 | 4.6 | 5.1 | 9.7 | 3.3 | 7.1 | 3.7 | 3.6 | 3.6 | 6.7 | 5.5 | 3.6 | -1.2 | 3.2 | -2.1 | -1.9 | 5.1 | 6.6 | 11.8 | 6.4 | 5.4 | 1.1 | 2.1 | 4.4 | 4.3 | -0.2 | 3.1 | 5.3 | 6.5 | 8.3 | 6.4 | 1.2 | 4.1 | 2 | 4.7 | |
| Average Weekly Hours | 5.7 | 4.2 | 5.9 | 3.8 | 2.5 | 7.2 | 6.1 | 9.1 | 6.6 | 9 | 3.5 | 2.3 | 7.8 | 6.7 | -0.3 | 4.3 | -0.6 | 4.1 | 9.3 | 11.7 | 7.4 | 10.1 | 6.6 | 6.9 | 4.1 | 6.8 | 3.8 | 6.6 | 6 | 5 | 5.2 | 3.3 | 6.7 | 4.5 | 1.4 | 3.5 | 10.4 | |
| Wages and Benefits | 41 | 42.7 | 41.6 | 37 | 35.2 | 37.3 | 37.2 | 40.1 | 32.7 | 35.6 | 39.9 | 40.7 | 39.5 | 35.8 | 39.4 | 35.5 | 29.9 | 28.5 | 37.5 | 45.7 | 44.2 | 40.9 | 46.5 | 37.9 | 34.6 | 36.2 | 37.5 | 34.6 | 36.7 | 37.1 | 33.7 | 32.6 | 39.5 | 36.5 | 37.1 | 42.4 | 43 | |
| Input Prices | 48.1 | 47.3 | 48.2 | 45.9 | 46.9 | 45.1 | 37.5 | 37.5 | 40.2 | 44.8 | 38.6 | 42.8 | 41.4 | 41.4 | 31.7 | 47.7 | 49.8 | 41.6 | 42.9 | 43.3 | 41.7 | 36.9 | 44 | 33 | 36.7 | 32.6 | 38 | 39.8 | 40 | 38.3 | 40.1 | 44.3 | 44.7 | 45.9 | 47 | 45.9 | 47.9 | |
| Selling Prices | 27.6 | 25.2 | 24.2 | 22 | 29.8 | 22.4 | 16.6 | 27 | 24.6 | 26.8 | 22.4 | 26.9 | 21.7 | 20.6 | 16.6 | 23.6 | 26.4 | 20.4 | 22.5 | 24 | 29.2 | 25.4 | 26.6 | 14.2 | 17.9 | 19 | 13.5 | 16.3 | 26.3 | 24.4 | 21.8 | 25 | 28.1 | 31.2 | 23.2 | 26.6 | 28.2 | |
| Capital Expenditures | 20.4 | 23.9 | 21.2 | 16.7 | 16.5 | 15.1 | 17.2 | 18.4 | 23.5 | 20 | 17.7 | 20.6 | 17.4 | 13.4 | 14 | 13.7 | 8.7 | 12 | 20.5 | 24.1 | 23.8 | 24.1 | 22.5 | 13.9 | 13.9 | 16.7 | 14.4 | 8.7 | 16.4 | 17.5 | 18.4 | 18.5 | 19.3 | 13.4 | 13.1 | 12.4 | 15.3 | |
| Company Outlook | 19.1 | 21 | 17.1 | 0.6 | 6.8 | 9.2 | 13.8 | 18.7 | 16.5 | 15.3 | 8.5 | 13 | 11.4 | 13.9 | 6.8 | 3.1 | -11.8 | -0.6 | 13.2 | 35.4 | 30.8 | 29.8 | 25.9 | 17.1 | 12.2 | 20.2 | 8.9 | 7.5 | 8.7 | 12.8 | 16.1 | 8.4 | 6.5 | -0.6 | -3.5 | 7.9 | 10.2 | |
| General Business Activity | 18.6 | 16.8 | 17.2 | -0.7 | 4.7 | 2.3 | 15 | 14.7 | 11.5 | 12.5 | 5 | 10.9 | 9.6 | 9 | 0.6 | -1.3 | -16.9 | -2 | 11.4 | 30.7 | 29.4 | 29.7 | 26.1 | 16.4 | 3.6 | 19.6 | 3.9 | 1.8 | -1.1 | 6 | 12.2 | 3.8 | 3.3 | -9.3 | -12.8 | -4.4 | 4.1 |
Latest reading
General Business Activity stood at 4.2 in Aug 2026. That is −2.4 from Jul 2026 and −0.9 from a year earlier. The series on this page is monthly and runs from Jan 2007 to Aug 2026. Source: Dallas FED (Texas Service Sector Outlook Survey).
- Latest
- 4.2
- Aug 2026
- vs previous period
- −2.4
- Jul 2026
- vs a year earlier
- −0.9
About this data
US Dallas Fed Texas service sector index and outlook since 2007. Published monthly by the Dallas Fed, this table tracks current conditions and six-month expectations for revenues, employment, wages, prices, and general business activity in Texas. Analysts use these points to assess the United States regional economy.
Frequently asked questions
- What does the Dallas Fed Texas Service Sector Index measure?
- It measures business conditions and economic outlook in the Texas services sector through monthly surveys conducted by the Federal Reserve Bank of Dallas.
- How frequently is the Texas Service Sector Index released and what is the data coverage?
- The index is published monthly by the Dallas Fed, with series coverage extending back to 2007.
- What breakdowns and metrics are available in the Texas Service Sector Index table?
- The table provides current conditions and six-month-ahead expectations for revenues, employment, wages and benefits, input and selling prices, capital expenditures, and general business activity.
- How does the Texas Service Sector Index help evaluate the United States economy?
- By tracking the second-largest state economy in the United States, it provides timely insights into regional service activity, labor demand, and price pressures.
