Research & Data

Texas Manufacturing Outlook Survey

Finished Goods Inventories Index

April 2011

Finished Goods Inventories—Index

Apr 10
May 10
Jun 10
Jul 10
Aug 10
Sep 10
Oct 10
Nov 10
Dec 10
Jan 11
Feb 11
Mar 11
Apr 11
Current Finished Goods Inventories
-6.5
-8.3
-8.6
-7
-8.2
1
-12.5
-12.2
-1.1
-8.3
8.4
1
4.2
Future Finished Goods Inventories (six months from report period)
6.5
0
-4.9
-3
-12.5
-10.3
-5.9
6.2
22.3
5.2
6.4
0
-1

Finished Goods Inventories—Composition of Responses

 
Apr 10
May 10
Jun 10
Jul 10
Aug 10
Sep 10
Oct 10
Nov 10
Dec 10
Jan 11
Feb 11
Mar 11
Apr 11
Current Finished Goods Inventories
% Increase
12.9
10.2
14.3
15.2
12.2
20.2
14.4
10.2
15.6
12.5
22.1
18
17
N/C
67.7
71.3
62.9
62.6
67.3
60.6
58.7
67.3
67.7
66.7
64.2
65
70.2
% Decrease
19.4
18.5
22.9
22.2
20.4
19.2
26.9
22.4
16.7
20.8
13.7
17
12.8
 
Apr 10
May 10
Jun 10
Jul 10
Aug 10
Sep 10
Oct 10
Nov 10
Dec 10
Jan 11
Feb 11
Mar 11
Apr 11
Future Finished Goods Inventories (six months from report period)
% Increase
15.2
16.7
15.5
19.4
10.4
14.4
12.9
20.6
35.1
18.9
16.1
15.2
15.1
N/C
76.1
66.7
64.1
58.2
66.7
60.8
68.3
64.9
52.1
67.4
74.2
69.7
68.8
% Decrease
8.7
16.7
20.4
22.4
22.9
24.7
18.8
14.4
12.8
13.7
9.7
15.2
16.1

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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