• July 23, 2016

Texas service sector increases

Print
Font Size:
Default font size
Larger font size

Posted: Thursday, January 2, 2014 4:30 am

AUSTIN — The Federal Reserve Bank of Dallas said retail sales in Texas remained strong, sparking growth throughout the state’s service sector in December.

The Austin American Statesman reported that, according to an analysis released Tuesday, the state’s revenue index increased to 16.0 during the month.

The index was up from an 11.4 reading in November — suggesting the sector’s revenue growth had accelerated.

The monthly Texas Service Sector Outlook Survey reported the December level is the highest since September 2012. The index is a key measure of activity. in Texas’ private service-providing industries.

Despite rising retail sales, however, the pace of growth fell some in December. The state retail sales index dipped to 15.2 during the month, down from 20.3 in November.

© 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More about

More about

More about

Rules of Conduct

  • 1 Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
  • 2 Don't Threaten or Abuse. Threats of harming another person will not be tolerated. AND PLEASE TURN OFF CAPS LOCK.
  • 3 Be Truthful. Don't knowingly lie about anyone or anything.
  • 4 Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
  • 5 Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
  • 6 Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Welcome to the discussion.

Business / Meetings

  • MLK Youth Parade-2017

    • Sat, Jan 14, 12:00 pm CST
    • Midtown Houston, Houston

    The MLK Youth Parade Will Kick-Off The 2017 MLK Holiday Weekend. The Parade Will Be Held On January 14, 2017 In Houston's Midtown Originating …

  • MLK Battle Of The Bands Competition Houston-2017

    • Sun, Jan 15, 4:00 pm CST
    • W.W. Thorne Stadium, Houston

    The MLK Battle Of The Bands Competition-Houston Is One Of The Larger High School Marching Band Competitions In the U.S. Featuring 16 Nationall…

  • 23rd Annual MLK Grande Parade

    • Mon, Jan 16, 10:00 am CST
    • Midtown Houston, Houston

    The MLK Grande Parade Is One Of The Largest Single Day Multicultural Events In The U.S. That Commemorate The MLK National Holiday Observance. …