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Texas Manufacturing Outlook Survey
Employment
May 2006

Employment—Unweighted Index
May
05
Jun
05
Jul
05
Aug
05
Sep
05
Oct
05
Nov
05
Dec
05
Jan
06
Feb
06
Mar
06
Apr
06
May
06
Current Employment
25.0
16.6
9.9
18.6
8.9
21.0
26.8
23.5
26.6
24.2
29.6
25.3
27.6
Future Employment (six months from report period)
33.3
27.1
16.4
36.8
41.8
29.8
41.8
33.3
33.4
34.4
31.4
28.8
27.6

Employment—Composition of Responses
 
May
05
Jun
05
Jul
05
Aug
05
Sep
05
Oct
05
Nov
05
Dec
05
Jan
06
Feb
06
Mar
06
Apr
06
May
06
Current Employment
% Increase
33.3
28.3
23.0
25.4
23.2
29.8
30.4
25.5
29.7
27.4
35.2
31.3
34.8
N/C
58.3
60.0
63.9
67.8
62.5
61.4
66.1
72.5
67.2
69.4
59.2
62.7
58.0
% Decrease
8.3
11.7
13.1
6.8
14.3
8.8
3.6
2.0
3.1
3.2
5.6
6.0
7.2
Future Employment (six months from report period)
% Increase
38.3
35.6
29.5
45.6
47.3
38.6
47.3
45.1
39.7
45.9
40.0
37.9
34.8
N/C
56.7
55.9
57.4
45.6
47.3
52.6
47.3
43.1
54.0
42.6
51.4
53.0
58.0
% Decrease
5.0
8.5
13.1
8.8
5.5
8.8
5.5
11.8
6.3
11.5
8.6
9.1
7.2

NOTE: Each index is calculated by subtracting the percentage reporting a decrease from the percentage reporting an increase. When all firms report that activity has increased, an index will register 100. An index will register –100 when all firms report a decrease. An index will be zero when the number of firms reporting an increase or decrease is equal. Items may not add up to 100% because of rounding.

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