The general business activity index for the service sector published by the Federal Reserve Bank of Dallas inched higher by 2.2 points from the previous month to -7.7 in May of 2026. Revenue inched higher (5 vs 4.3 in April) to record the fifth month of growth. Still, business conditions were deteriorated by a persistent surge in input prices (29.7 vs 31.2) as the war in the Middle East lifted energy expenditure for the sector nationwide. In turn, employment fell at a faster pace (-3.2 vs -1). source: Federal Reserve Bank of Dallas

Dallas Fed Services Index in the United States increased to -7.70 points in May from -9.90 points in April of 2026. Dallas Fed Services Index in the United States averaged 1.83 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 June of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-28 02:30 PM
Dallas Fed Services Index
Apr -9.9 -13.3 -10
2026-05-27 02:30 PM
Dallas Fed Services Index
May -7.7 -9.9 -8
2026-06-30 02:30 PM
Dallas Fed Services Index
Jun -7.7


Related Last Previous Unit Reference
Dallas Fed Manufacturing Employment Index 0.20 -0.90 points May 2026
Dallas Fed Manufacturing Index 0.40 -2.30 points May 2026
Dallas Fed Manufacturing New Orders Index 6.40 9.90 points May 2026
Dallas Fed Manufacturing Prices Paid Index 42.70 37.00 points May 2026
Dallas Fed Manufacturing Production Index 9.40 19.00 points May 2026
Dallas Fed Manufacturing Shipments Index 7.40 15.00 points May 2026
Dallas Fed Services Index -7.70 -9.90 points May 2026
Dallas Fed Services Revenues Index 5.00 4.30 points May 2026
NY Fed Services Activity Index -5.80 -14.00 points May 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
-7.70 -9.90 43.20 -83.00 2007 - 2026 points Monthly
SA

News Stream
Dallas Fed Services Sentiment Improves
The general business activity index for the service sector published by the Federal Reserve Bank of Dallas inched higher by 2.2 points from the previous month to -7.7 in May of 2026. Revenue inched higher (5 vs 4.3 in April) to record the fifth month of growth. Still, business conditions were deteriorated by a persistent surge in input prices (29.7 vs 31.2) as the war in the Middle East lifted energy expenditure for the sector nationwide. In turn, employment fell at a faster pace (-3.2 vs -1).
2026-05-27
Dallas Fed Business Activity Slows Decline
The general business activity index published by the Federal Reserve Bank of Dallas edged up to -9.9 in April 2026 from a near one-year low of -13.3 in March, though overall perceptions of business conditions remain weak. The revenues index increased 3 points to 4.3. Meanwhile, selling and input price pressures increased, rising to 8.3 and 31.2 respectively. Labor market measures remain unchanged, while wage and benefits index declined 5 points to 7.7. Looking ahead, general business activity sentiment improved. The company outlook index rose 5 points to -5 and the uncertainty index edged down 2 points to 24.8.
2026-04-28
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