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August 26, 2025<\/p>\n
Texas retail sales dip again<\/p>\n
Retail sales declined in August, according to business executives responding to the Texas Retail Outlook Survey. The sales index, a key measure of state retail activity, fell three points to -2.1. \u00a0Retailers\u2019 inventories fell for the seventh consecutive month, with the index remaining in negative territory at -2.7 in August.<\/p>\n
Labor market indicators reflected a contraction in retail employment and hours worked. The employment index dipped to -2.0 from -0.8, while the part-time employment index dropped 18 points to -15.5. The hours worked index retreated four points to -3.6.<\/p>\n
Perceptions of broader business conditions improved in August while company outlooks stabilized. The general business activity index moved back into positive territory to 1.9 from -4.0, while the company outlook index moved up four points to 0.7 in August, with the near-zero reading indicating little change in company outlooks from July. The outlook uncertainty index fell eight points to a below-average reading of 8.2.<\/p>\n
Input prices, selling prices and wage pressures eased this month. The input prices index fell nine points to 22.4, while the selling prices index dipped five points to 4.1. The wages and benefits index fell three points to 11.5.<\/p>\n
Expectations for future retail activity improved in August. The future general business activity index ticked down two points but remained in positive territory at 13.4, while the future sales index moved sideways to 29.6. Other future retail activity indexes, such as employment and capital expenditures, remained in positive territory.<\/p>\n
The Texas Retail Outlook Survey is a component of the Texas Service Sector Outlook Survey that uses information only from respondents in the retail and wholesale sectors.<\/p>\n
Next release: September 30, 2025<\/p>\n
Data were collected August 12\u201320, and 252 of the 355 Texas service sector business executives surveyed submitted responses. The Dallas Fed conducts the Texas Service Sector Outlook Survey monthly to obtain a timely assessment of the state\u2019s 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.<\/p>\n
Survey responses are used to calculate an index for each indicator. Each index is calculated by subtracting the percentage of respondents reporting a decrease from the percentage reporting an increase. When the share of firms reporting an increase exceeds the share reporting a decrease, the index will be greater than zero, suggesting the indicator has increased over the prior month. If the share of firms reporting a decrease exceeds the share reporting an increase, the index will be below zero, suggesting the indicator has decreased over the prior month. An index will be zero when the number of firms reporting an increase is equal to the number of firms reporting a decrease. Data have been seasonally adjusted as necessary.<\/p>\n
Data have been seasonally adjusted<\/a> as necessary.<\/p>\n","protected":false},"excerpt":{"rendered":"August 26, 2025 Growth in Texas service sector activity continues Special questions: Demand expectations, pricing power and the…\n","protected":false},"author":2,"featured_media":31423,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[84,4167,2195,4168,1371,2023,19203,19202,4169,56,54,55],"class_list":{"0":"post-94243","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jobs","8":"tag-business","9":"tag-dallas","10":"tag-employment","11":"tag-federal-reserve","12":"tag-jobs","13":"tag-retail","14":"tag-revenue","15":"tag-service-sector","16":"tag-texas-economy","17":"tag-uk","18":"tag-united-kingdom","19":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/94243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=94243"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/94243\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/31423"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=94243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=94243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=94243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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