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Texas Manufacturing Outlook Survey
Hours Worked Index
August 2010

Hours Worked—Unweighted Index
Aug 09
Sep 09
Oct 09
Nov 09
Dec 09
Jan 10
Feb 10
Mar 10
Apr 10
May 10
Jun 10
Jul 10
Aug 10
Current Hours Worked
-11.2
-7.4
-16.6
-6.5
-9.7
1.1
-5.5
13.5
22.8
21.5
1.9
-7
-6
Future Hours Worked (six months from report period)
12.2
19.1
11.1
9.9
25.5
23.6
28.8
25.3
18.4
13.2
5.9
1
2

Hours Worked—Composition of Responses
 
Aug 09
Sep 09
Oct 09
Nov 09
Dec 09
Jan 10
Feb 10
Mar 10
Apr 10
May 10
Jun 10
Jul 10
Aug 10
Current Hours Worked
% Increase
14.1
16.8
6.7
16.3
11.8
14.4
16.5
28.1
34.8
29.9
18.1
16
15.2
N/C
60.6
58.9
70
60.9
66.7
72.2
61.5
57.3
53.3
61.7
65.7
61
63.6
% Decrease
25.3
24.2
23.3
22.8
21.5
13.3
22
14.6
12
8.4
16.2
23
21.2
 
Aug 09
Sep 09
Oct 09
Nov 09
Dec 09
Jan 10
Feb 10
Mar 10
Apr 10
May 10
Jun 10
Jul 10
Aug 10
Future Hours Worked (six months from report period)
% Increase
22.4
28.7
22.2
20.9
34.4
28.1
34.4
34.5
30.4
25.5
21.4
18.2
17.5
N/C
67.3
61.7
66.7
68.1
56.7
67.4
60
56.3
57.6
62.3
63.1
64.6
67
% Decrease
10.2
9.6
11.1
11
8.9
4.5
5.6
9.2
12
12.3
15.5
17.2
15.5

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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