Service sector in U.S. Texas flat in January: survey


By Gao Lu
  • World
  • Wednesday, 27 Jan 2021

HOUSTON, Jan. 26 (Xinhua) -- The service sector in the U.S. state of Texas was roughly flat in January, the latest report from the Federal Reserve of Dallas said on Tuesday.

According to business executives responding to the Dallas Fed's Texas Service Sector Outlook Survey, activity in the Texas service sector was roughly flat in January. "The revenue index, a key measure of state service sector conditions, fell from 5.5 in December to 0.8 in January, indicating a flattening out of activity," according to the report released on Tuesday.

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