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Texas
Manufacturing Outlook Survey |
Wages and Benefits
November 2008
| Wages and Benefits—Unweighted
Index |
Nov
07 |
Dec
07 |
Jan
08 |
Feb
08 |
Mar
08 |
Apr
08 |
May
08 |
Jun
08 |
Jul
08 |
Aug
08 |
Sep
08 |
Oct
08 |
Nov
08 |
| Current
Wages and Benefits |
25.4 |
15.8 |
30.9 |
20.3 |
24.6 |
19.1 |
24.0 |
23.4 |
21.4 |
17.5 |
13.6 |
6.8 |
5.0 |
| Future
Wages and Benefits (six months from report
period) |
51.3 |
45.6 |
33.9 |
36.0 |
40.9 |
34.9 |
38.7 |
36.4 |
47.6 |
35.3 |
35.3 |
19.6 |
28.6 |
|
| Wages and Benefits—Composition
of Responses |
| |
Nov
07 |
Dec
07 |
Jan
08 |
Feb
08 |
Mar
08 |
Apr
08 |
May
08 |
Jun
08 |
Jul
08 |
Aug
08 |
Sep
08 |
Oct
08 |
Nov
08 |
| Current
Wages and Benefits |
| % Increase |
26.3 |
19.3 |
32.7 |
22.1 |
26.4 |
20.9 |
25.9 |
26.2 |
24.3 |
19.4 |
15.5 |
12.7 |
12.0 |
| N/C |
72.8 |
77.2 |
65.5 |
76.1 |
71.8 |
77.3 |
72.2 |
71.0 |
72.8 |
78.6 |
82.5 |
81.4 |
81.0 |
| % Decrease |
0.9 |
3.5 |
1.8 |
1.8 |
1.8 |
1.8 |
1.9 |
2.8 |
2.9 |
1.9 |
1.9 |
5.9 |
7.0 |
| Future
Wages and Benefits (six months from report
period) |
| % Increase |
51.3 |
50.0 |
39.3 |
39.6 |
42.7 |
40.4 |
41.5 |
38.3 |
49.5 |
38.2 |
40.2 |
29.4 |
37.8 |
| N/C |
48.7 |
45.6 |
55.4 |
56.8 |
55.5 |
54.1 |
55.7 |
59.8 |
48.5 |
58.8 |
54.9 |
60.8 |
53.1 |
| % Decrease |
0.0 |
4.4 |
5.4 |
3.6 |
1.8 |
5.5 |
2.8 |
1.9 |
1.9 |
2.9 |
4.9 |
9.8 |
9.2 |
|
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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