Texas economy shows ‘tepid’ industrial growth, mixed services outlook: surveys
The Texas industrial economy continued a “tepid” recovery in October, while service and retail sectors continued to show mixed results, new Federal Reserve Bank of Dallas surveys show, which is reflected in sharp month-on-month and year-on-year wholesale energy price decreases. Electric Reliability Council of Texas North Hub day-ahead on-peak locational marginal prices averaged about $38/MWh in October, down by more… The Texas industrial economy continued a “tepid” recovery in October, while service and retail sectors continued to show mixed results, new Federal Reserve Bank of Dallas surveys show, which is reflected in sharp month-on-month and year-on-year wholesale energy price decreases. Electric Reliability Council of Texas North Hub day-ahead on-peak locational marginal prices averaged about $38/MWh in October, down by more… Read More
