Analysis: Dallas Fed survey perceptions plunge; summer power prices may follow

Author Mark Watson

Houston — Texas manufacturing and service sector survey indexes this week show sharp decreases in production, sales and employment for the second month in a row, which industry observers see as evidence that this summer’s power prices may be suppressed by the pandemic’s lingering economic effects.

The Federal Reserve Bank of Dallas’ latest Texas Manufacturing Outlook Survey’s seasonally adjusted current production index – the percentage of respondents reporting …

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