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Texas Manufacturing Outlook Survey
Finished Goods Inventories
July 2009

Finished Goods Inventories—Unweighted Index
Jul
08
Aug
08
Sep
08
Oct
08
Nov
08
Dec
08
Jan
09
Feb
09
Mar
09
Apr
09
May
09
Jun
09
Jul
09
Current Finished Goods Inventories
-10.5
-3.9
-4.9
-17.8
-23.5
-21.1
-12.5
-12.4
-10.8
-26.0
-29.0
-17.2
-29.7
Future Finished Goods Inventories (six months from report period)
-7.7
-3.9
-9.9
-25.8
-25.2
-23.2
-22.4
-19.8
-18.8
-13.0
-10.1
-14.4
-8.9

Finished Goods Inventories—Composition of Responses
 
Jul
08
Aug
08
Sep
08
Oct
08
Nov
08
Dec
08
Jan
09
Feb
09
Mar
09
Apr
09
May
09
Jun
09
Jul
09
Current Finished Goods Inventories
% Increase
13.5
13.6
15.5
14.9
10.2
14.7
14.4
19.6
19.6
8.0
8.0
11.1
5.5
N/C
62.5
68.9
64.1
52.5
56.1
49.5
58.7
48.5
50.0
58.0
55.0
60.6
59.3
% Decrease
24.0
17.5
20.4
32.7
33.7
35.8
26.9
32.0
30.4
34.0
37.0
28.3
35.2
Future Finished Goods Inventories (six months from report period)
% Increase
14.6
16.7
13.9
5.9
9.5
12.0
8.7
11.5
11.9
13.0
15.2
10.3
12.2
N/C
63.1
62.7
62.4
62.4
55.8
52.8
60.2
57.3
57.4
61.0
59.6
64.9
66.7
% Decrease
22.3
20.6
23.8
31.7
34.7
35.2
31.1
31.3
30.7
26.0
25.3
24.7
21.1

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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