Texas service sector activity strengthened in December, according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index grew to 16.0 from 11.4.

The employment index jumped to 9.7 from 3.9, the part-time employment index grew to 6.1 from 4.4, the hours worked index reversed to positive 0.9 from negative 1.6, the wages and benefits index rose to 18.6 from 13.5, the input prices index grew to 30.5 from 27.4, the selling prices index increased to 10.9 from 7.2, the capital expenditures index climbed to 16.9 from 11.6, the general business activity index increased to 12.5 from 10.3.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.