FX.co ★ U.S. Services Momentum Builds as Dallas Fed Revenues Index Jumps in April

Activity in the U.S. services sector strengthened in April, with the Dallas Fed Services Revenues Index rising to 4.3, up from 1.3 recorded in March 2026. The latest reading, updated on 28 April 2026, signals a firmer expansion in services revenues across the Dallas Federal Reserve district.

The move from near-flat growth in March to a more solid positive reading in April suggests improving demand conditions for service providers. While the index is still at relatively modest levels, the April uptick points to growing momentum in a key component of regional economic activity within the United States.