Macro: Texas Services Survey

By |2023-10-31T14:35:47-04:00October 31st, 2023|Economy|

The current business environment dropped to it's lowest level of 2023, -18.2, meaning 18.2% more of those surveyed think the economy slowed since last period. This mirrors economic readings from the earlier regional surveys. Yes, slowing activity, but Q3 was very strong, so not completely unexpected. If the trend continues after this softening, we will be at levels which cause [...]