Texas service sector activity rose in April, according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index gained to 18.5 from 16.5.
The employment index climbed to 16.4 from 11.2, the part-time employment index slid to 6.9 from 8.8, the hours worked index decreased to 6.0 from 6.6, the wages and benefits index gained to 22.1 from 21.5, the input prices index dropped to 25.2 from 30.8, the selling prices index fell to 7.1 from 11.5, the capital expenditures index climbed to 15.7 from 15.0, the general business activity index grew to 11.3 from 10.1.
The future revenue index dipped to 46.0 from 46.2, the employment index fell to 27.7 from 33.5, the part-time employment index rose to 14.8 from 12.8, the hours worked index declined to 9.5 from 10.8, the wages and benefits index inched up to 41.1 from 41.0, the input prices index decreased to 44.8 from 51.2, the selling prices index grew to 29.4 from 29.3, the capital expenditures index slipped to 28.3 from 31.5, the general business activity index dipped to 24.0 from 24.1.
