Oil Price Collapse Hits Texas Economy, Manufacturing Slides


Dallas Fed Services index for Jan. -4.8 vs -5.0 last month

business index -4.8 versus -5.0 last month
revenue index 14.9 versus 10.1 last month
employment 7.0 versus 9.9 last month
part-time employment -0.1 versus 1.6 last month
hours work 6.6 versus 1.9 last month
wages and benefits 18.7 versus 19.8 last month
input prices 20.1 versus 26.1 last month
selling price is 7.9 versus 10.5 last month
capital expenditures 9.8 versus 10.9 last month

The 6 month ahead index for revenue rose to 37.3 versus 32.3 last month, with prior readings for employment, part-time employment, hours worked, capital expenditures vs last month.

The wages and benefits, input prices, selling prices showed declines.