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Texas Manufacturing Outlook Survey
Company Outlook Index
July 2010

Company Outlook—Unweighted Index
Jul 09
Aug 09
Sep 09
Oct 09
Nov 09
Dec 09
Jan 10
Feb 10
Mar 10
Apr 10
May 10
Jun 10
Jul 10
Current Company Outlook, seasonally adjusted
-13.1
-6.6
-3
-7
-0.7
5.1
11.5
-1.3
7.1
26.4
19.6
-2.8
-10.4
Future Company Outlook, seasonally adjusted (six months from report period)
10.3
21.2
17.1
24.7
24.2
30.3
30.4
21.7
16.4
19.6
26.3
21.5
15.8

Company Outlook—Composition of Responses
 
Jul 09
Aug 09
Sep 09
Oct 09
Nov 09
Dec 09
Jan 10
Feb 10
Mar 10
Apr 10
May 10
Jun 10
Jul 10
Current Company Outlook, seasonally adjusted
% Improved
15.6
17.9
19.9
14.2
21.4
20.4
25.9
19.1
20.3
36.9
32.3
17.6
13.1
N/C
55.7
57.6
57.2
64.6
56.5
64.3
59.7
60.5
66.5
52.6
55
62
63.4
% Worsened
28.7
24.5
22.9
21.2
22.1
15.3
14.4
20.4
13.2
10.5
12.7
20.4
23.5
 
Jul 09
Aug 09
Sep 09
Oct 09
Nov 09
Dec 09
Jan 10
Feb 10
Mar 10
Apr 10
May 10
Jun 10
Jul 10
Future Company Outlook, seasonally adjusted (six months from report period)
% Improved
30
34.7
33.8
34.7
36.8
41.6
39.3
33.5
33.7
35.4
41.4
35.5
32.2
N/C
50.3
51.8
49.5
55.3
50.6
47.1
51.8
54.7
49.1
48.9
43.6
50.5
51.4
% Worsened
19.7
13.5
16.7
10
12.6
11.3
8.9
11.8
17.3
15.8
15.1
14
16.4

NOTE: Survey responses are used to calculate an index for each indicator. Each index is calculated by subtracting the percentage of respondents reporting a decrease from the percentage reporting an increase. When the share of firms reporting an increase exceeds the share of firms reporting a decrease, the index will be greater than zero, suggesting the indicator has increased over the prior month. If the share of firms reporting a decrease exceeds the share reporting an increase, the index will be below zero, suggesting the indicator has decreased over the prior month. An index will be zero when the number of firms reporting an increase is equal to the number of firms reporting a decrease. Items may not add up to 100 percent because of rounding.

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