The general business activity index published by the Federal Reserve Bank of Dallas plummeted by 10.1 points from the previous month to -13.3 in March of 2026, reflecting the largest magnitude of pessimism since April of the previous year. Revenues grew at a softer pace (1.3 vs 4.1 in February). The drop in the index coincided with a sharp increase in input prices (24.4 vs 22.4) due to the surge in global energy prices after the outbreak of war in the Middle East, while the drop in client's acquisition power pressured selling price growth (4.9 vs 8.3). Looking ahead, the company outlook index dropped by 7.5 points to -9.9. source: Federal Reserve Bank of Dallas

Dallas Fed Services Index in the United States decreased to -13.30 points in March from -3.20 points in February of 2026. Dallas Fed Services Index in the United States averaged 1.92 points from 2007 until 2026, reaching an all time high of 43.20 points in May of 2021 and a record low of -83.00 points in April of 2020. This page includes a chart with historical data for the United States Dallas Fed Services Index. United States Dallas Fed Services Index - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-24 03:30 PM
Dallas Fed Services Index
Feb -3.2 2.7 1.6
2026-03-31 02:30 PM
Dallas Fed Services Index
Mar -13.3 -3.2 -1
2026-04-28 02:30 PM
Dallas Fed Services Index
Apr -13.3


Related Last Previous Unit Reference
Dallas Fed Manufacturing Employment Index -1.00 7.50 points Mar 2026
Dallas Fed Manufacturing Index -0.20 0.20 points Mar 2026
Dallas Fed Manufacturing New Orders Index 6.10 11.10 points Mar 2026
Dallas Fed Manufacturing Prices Paid Index 32.70 31.70 points Mar 2026
Dallas Fed Manufacturing Production Index 6.80 12.50 points Mar 2026
Dallas Fed Manufacturing Shipments Index 1.80 9.90 points Mar 2026
Dallas Fed Services Index -13.30 -3.20 points Mar 2026
Dallas Fed Services Revenues Index 1.30 4.10 points Mar 2026
NY Fed Services Activity Index -14.00 -22.60 points Apr 2026


United States Dallas Fed Services Index
The Dallas Fed conducts the Texas Service Sector Outlook Survey monthly to obtain a timely assessment of the state's service sector activity. Firms are asked whether revenue, employment, prices, general business activity and other indicators increased, decreased or remained unchanged over the previous month. Responses are aggregated into balance indexes where positive values generally indicate growth while negative values generally indicate contraction.
Actual Previous Highest Lowest Dates Unit Frequency
-13.30 -3.20 43.20 -83.00 2007 - 2026 points Monthly
SA

News Stream
Dallas Fed Business Activity Contracts Most in 11 Months
The general business activity index published by the Federal Reserve Bank of Dallas plummeted by 10.1 points from the previous month to -13.3 in March of 2026, reflecting the largest magnitude of pessimism since April of the previous year. Revenues grew at a softer pace (1.3 vs 4.1 in February). The drop in the index coincided with a sharp increase in input prices (24.4 vs 22.4) due to the surge in global energy prices after the outbreak of war in the Middle East, while the drop in client's acquisition power pressured selling price growth (4.9 vs 8.3). Looking ahead, the company outlook index dropped by 7.5 points to -9.9.
2026-03-31
Dallas Fed Business Activity Returns to Contraction
The general business activity index published by the Federal Reserve Bank of Dallas fell to -3.2 in February of 2026 from 2.7 in the earlier month, reflecting a slight worsening in broader business conditions. The index measuring revenues ticked down to 4.1, losing traction from the jump seen in the first month of the year. Consistently, employment levels suggested little change (0.4 vs 0.9 in January 2026). On the price front, input costs extended their sharp increases and rose at about the same pace as the previous month (22.4 vs 21.1), driving companies to similarly maintain growth for selling charges (8.3 vs 7.9). Looking ahead, companies continued to improve their outlook on future business conditions (15.0 vs 14.7).
2026-02-24
Dallas Fed General Business Activity Rebounds
The general business activity index published by the Federal Reserve Bank of Dallas rose to 2.7 in January of 2026 from the downwardly revised -5 in the earlier month, reflecting the first improvement in business activity since August. The index measuring revenues jumped to 7.8, gaining traction from the stall in the final month of last year. Consistently, employment levels rebounded (0.9 vs -1.1 in December 2025). On the price front, input costs extended their sharp increases but slowed from the previous month (21.1 vs 27.1), driving companies to ease the growth for selling charges (7.9 vs 8.2).Looking ahead, companies improved their outlook on future business conditions (5.6 vs -2.7).
2026-01-27