Dallas Fed Services Revenues Index

The index is part of the Dallas Fed's Texas Service Sector Outlook Survey. Firms report whether revenue, employment, prices and other indicators increased, decreased or were unchanged; the revenue index subtracts the share reporting decreases from the share reporting increases. Positive values generally indicate revenue growth across the surveyed firms, while negative values indicate contraction.

Texas is a large state economy, and its service-sector survey gives an early read on regional demand, hiring and price pressures. Traders may use it as supporting evidence for U.S. growth and inflation expectations.

This is a Texas-focused diffusion index and may not match national services conditions. It measures breadth of revenue changes, not the dollar size of revenue growth.