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Texas Manufacturing Outlook Survey
General Business Activity
March 2008

General Business Activity—Unweighted Index
Mar
07
Apr
07
May
07
Jun
07
Jul
07
Aug
07
Sep
07
Oct
07
Nov
07
Dec
07
Jan
08
Feb
08
Mar
08
Current General Business Activity
12.7
15.9
20.9
10.8
-3.6
-1.8
-4.6
-6.6
-17.0
-23.9
-20.7
-21.4
-22.7
Future General Business Activity (six months from report period)
14.8
20.7
24.4
15.7
11.1
2.8
1.0
-4.2
-6.2
-7.2
-15.3
-11.0
-10.0

General Business Activity—Composition of Responses
 
Mar
07
Apr
07
May
07
Jun
07
Jul
07
Aug
07
Sep
07
Oct
07
Nov
07
Dec
07
Jan
08
Feb
08
Mar
08
Current General Business Activity
% Increase
26.1
27.4
29.2
23.4
12.6
16.4
13.6
13.9
10.7
8.0
13.5
10.7
10.0
N/C
60.5
61.1
62.5
64.0
71.2
65.5
68.2
65.6
61.6
60.2
52.3
57.1
57.3
% Decrease
13.4
11.5
8.3
12.6
16.2
18.2
18.2
20.5
27.7
31.9
34.2
32.1
32.7
Future General Business Activity (six months from report period)
% Increase
28.7
29.7
33.6
29.6
23.9
21.1
15.5
17.5
18.8
16.2
18.9
17.4
16.4
N/C
57.4
61.3
57.1
56.5
63.3
60.6
70.0
60.8
56.3
60.4
46.8
54.1
57.3
% Decrease
13.9
9.0
9.2
13.9
12.8
18.3
14.5
21.7
25.0
23.4
34.2
28.4
26.4

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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