Dallas Fed Survey and Infrastructure Summit Highlight Regional Economic Trends
The Dallas Federal Reserve Bank releases its regional manufacturing survey for August, following strong conditions across the industry in July. The North Texas Commission's Infrastructure Summit starts in Irving with mayors from several cities and leaders from NCTCOG and TxDOT discussing transportation projects such as I-35E and the Dallas North Tollway.
The Dallas Federal Reserve Service Sector survey will provide an update on the retail and service industries after a strong July that saw employment growth but low revenue growth. The BLS' Job Openings and Labor Turnover Summary showed a stagnant job market in July with little change in openings and turnover, raising questions about whether August's report will show more of the same.
Major companies Dell and Academy Sports and Outdoors are set to report financial results, while Tom Fox will discuss his book Deluge Before Dawn at Interabang Books. The U.S. Federal Reserve's Beige Book provides insights from business leaders across the country, including a report on Texas which showed retail sales rising due to consumer resilience.