Research & Data
Texas Manufacturing Outlook Survey
Company Outlook Index
February 2011

Company Outlook—Index
Feb 10 |
Mar 10 |
Apr 10 |
May 10 |
Jun 10 |
Jul 10 |
Aug 10 |
Sep 10 |
Oct 10 |
Nov 10 |
Dec 10 |
Jan 11 |
Feb 11 |
| Current Company Outlook, seasonally adjusted | ||||||||||||
1.3
|
7.9
|
25.6
|
19.4
|
-0.2
|
-7.7
|
3.3
|
-2.9
|
14.2
|
20.7
|
17.1
|
13
|
13.1
|
| Future Company Outlook, seasonally adjusted (six months from report period) | ||||||||||||
19.7
|
14.7
|
18.8
|
27.2
|
22.6
|
16.7
|
9.2
|
14
|
27.5
|
31.8
|
38.5
|
40.7
|
28.6
|
Company Outlook—Composition of Responses
Feb 10 |
Mar 10 |
Apr 10 |
May 10 |
Jun 10 |
Jul 10 |
Aug 10 |
Sep 10 |
Oct 10 |
Nov 10 |
Dec 10 |
Jan 11 |
Feb 11 |
|
| Current Company Outlook, seasonally adjusted | |||||||||||||
% Improved |
21.5 |
21.1 |
37.5 |
32.9 |
19.8 |
15 |
24.6 |
21.6 |
27.1 |
27.1 |
27.3 |
23 |
21.5 |
% No Change |
58.3 |
65.8 |
50.6 |
53.6 |
60.1 |
62.3 |
54.1 |
53.8 |
60 |
66.5 |
62.4 |
66.9 |
70.1 |
% Worsened |
20.2 |
13.2 |
11.9 |
13.5 |
20 |
22.7 |
21.3 |
24.5 |
12.9 |
6.4 |
10.2 |
10 |
8.4 |
Feb 10 |
Mar 10 |
Apr 10 |
May 10 |
Jun 10 |
Jul 10 |
Aug 10 |
Sep 10 |
Oct 10 |
Nov 10 |
Dec 10 |
Jan 11 |
Feb 11 |
|
| Future Company Outlook, seasonally adjusted (six months from report period) | |||||||||||||
% Improved |
31.8 |
32.7 |
34.9 |
42.2 |
36.3 |
32.9 |
31.2 |
33.6 |
37.1 |
37.7 |
44.3 |
43.9 |
38.9 |
% No Change |
56 |
49.3 |
49.1 |
42.8 |
50 |
51 |
46.7 |
46.9 |
53.3 |
56.4 |
50 |
53 |
50.8 |
% Worsened |
12.1 |
18 |
16.1 |
15 |
13.7 |
16.2 |
22 |
19.6 |
9.6 |
5.9 |
5.8 |
3.2 |
10.3 |
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.
Questions regarding the Texas Manufacturing Outlook Survey can be addressed to Emily Kerr at emily.kerr@dal.frb.org.
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