Texas business leaders say prolonged economic policy uncertainty and high interest rates are weighing heavily on investment, hiring, and overall growth, according to the latest Texas Business Outlook Surveys released by the Federal Reserve Bank of Dallas.
More than 300 executives responded to the June surveys. While some voiced support for certain trade protections, many said the unpredictable path of tariff policy, coupled with sustained high borrowing costs, has created a climate of hesitation and delay. Firms reported stalled capital projects, prolonged procurement decisions, and rising operating costs, particularly in trade-sensitive…
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