Texas surveys show manufacturing growth, but contraction in services, retail

摘要

While the Federal Reserve Bank of Dallas' July Texas Manufacturing Outlook Survey indicates economic expansion, its service sector and retail sector surveys indicate contractions, which could show flat to decreasing power demand partly from a spike in novel coronavirus cases. The TMOS' production index, which equals the percentage of respondents reporting increased production minus the percentage reporting decreased production, rose to 16.1 in the July survey from 13.6 in the June survey.