Consumers in Texas Begin to React

by Wolf Richter
Wolf Street

The worst plunge since the Financial Crisis

OK, this is anecdotal evidence supplied graciously by the Dallas Fed, via the comments in its Texas Service Sector Outlook Survey. It’s how a business in “Professional, Scientific and Technical Services” sees the Texas economy. There are other businesses that are doing well, and some of the comments confirm that. Not everyone is getting slammed. But….

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