Tag: Federal Reserve of Dallas

Federal Reserve of Dallas: Oil and gas slump moderates, outlook improves

Federal Reserve of Dallas: Oil and gas slump moderates, outlook improves

Expected E&P capital spending in 2017 jumped 40 points to 25.4, suggesting producers are boosting CAPEX Business activity improved in the second quarter, according to oil and gas executives responding to a recent Dallas Fed Energy Survey. The business activity index—the survey’s broadest measure of sentiment among Eleventh District energy firms—turned positive at 13.8, up sharply […]