Dallas Fed Services Index Falls in August Following Contractions in Other Services Measures

MT newswire2026/09/01 14:40

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

10:40 AM EDT, 09/01/2026 (MT Newswires) -- The Dallas Federal Reserve's monthly general business services index fell to a reading of 4.2 in August from 6.6 in July, indicating a slower pace of expansion. The expectations were for an increase to a reading of 7.2 in a survey compiled by Bloomberg. There were decreases in the readings for revenue, employment and selling prices. The index for wages and benefits increased. This is the final regional services reading for the month, most of which have indicated contraction, except New York Fed Services which suggested slower pace of expansion. The S&P Global flash reading suggested a faster pace of expansion.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

华尔街见闻•2026/11/10 18:41