Texas service sector activity picked up in November, according to business executives responding to the Texas Service Sector Outlook Survey, as the revenue index grew to 11.4 from 5.3.
The employment index dipped to 3.9 from 5.5, the part-time employment index grew to 4.4 from zero, the hours worked index narrowed to negative 1.6 from negative 2.3, the wages and benefits index rose to 13.5 from 8.7, the input prices index slid to 27.4 from 28.6, the selling prices index decreased to 7.2 from 7.4, the capital expenditures index climbed to 11.6 from 8.2, the general business activity index increased to 10.3 from 6.4.
The future revenue index inched up to 39.7 from 39.5, the employment index fell to 20.9 from 25.1, the part-time employment index increased to 10.3 from 9.2, the hours worked index grew to negative 2.0 from negative 2.5, the wages and benefits index dipped to 32.7 from 34.4, the input prices index slid to 45.2 from 46.2, the selling prices index rose to 26.3 from 25.7, the capital expenditures index slid to 23.0 from 24.6, the general business activity index rose to 21.1 from 14.5.
