Dallas Fed Energy Survey: Oil and Gas Activity Deteriorates Further
June 25, 2020
June 25, 2020
DALLAS, Texas, June 25 -- The Federal Reserve Bank of Dallas issued the following news release:
Activity in the energy sector deteriorated further in second quarter 2020, according to oil and gas 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 from -50.9 in the first quarter to -66.1 in the second quarter. It was the lowest read . . .
Activity in the energy sector deteriorated further in second quarter 2020, according to oil and gas 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 from -50.9 in the first quarter to -66.1 in the second quarter. It was the lowest read . . .