Dallas Fed Energy Survey: Oil and Gas Activity Contracts, Employment Declines
September 25, 2019
September 25, 2019
DALLAS, Texas, Sept. 25 -- The Federal Reserve Bank of Dallas issued the following news release:
Energy sector activity declined in the third quarter, according to executives responding to the Federal Reserve Bank of Dallas Energy Survey.
The business activity index--the survey's broadest measure of conditions facing Eleventh District energy firms--fell to -7.4 in the third quarter from -0.6 in the second quarter. Negative survey readings indicate contraction; those abo . . .
Energy sector activity declined in the third quarter, according to executives responding to the Federal Reserve Bank of Dallas Energy Survey.
The business activity index--the survey's broadest measure of conditions facing Eleventh District energy firms--fell to -7.4 in the third quarter from -0.6 in the second quarter. Negative survey readings indicate contraction; those abo . . .