Research & Data

Texas Manufacturing Outlook Survey

Growth Rate of Orders Index

August 2011

Growth Rate of Orders—Index

Aug 10
Sep 10
Oct 10
Nov 10
Dec 10
Jan 11
Feb 11
Mar 11
Apr 11
May 11
Jun 11
Jul 11
Aug 11
Current Growth Rate of Orders, seasonally adjusted
-12.1
1.2
-4.9
10.3
5
8.3
6.4
10
5
-5.4
2.3
2.5
-4.6
Future Growth Rate of Orders, seasonally adjusted (six months from report period)
14.8
23.6
35.9
40.6
42
42.6
30.9
36.7
29.4
27.7
22.1
22.6
17.2

Growth Rate of Orders—Composition of Responses

 
Aug 10
Sep 10
Oct 10
Nov 10
Dec 10
Jan 11
Feb 11
Mar 11
Apr 11
May 11
Jun 11
Jul 11
Aug 11
Current Growth Rate of Orders, seasonally adjusted
% Increase
17.6
26.3
20.2
25.2
20.6
23
21.8
24.9
25.5
16.7
23.1
23.5
20.9
N/C
52.7
48.6
54.7
59.9
63.8
62.3
62.8
60.2
54
61.2
56.1
55.5
53.6
% Decrease
29.7
25.1
25.1
14.9
15.6
14.7
15.4
14.9
20.5
22.1
20.8
21
25.5
 
Aug 10
Sep 10
Oct 10
Nov 10
Dec 10
Jan 11
Feb 11
Mar 11
Apr 11
May 11
Jun 11
Jul 11
Aug 11
Future Growth Rate of Orders, seasonally adjusted (six months from report period)
% Increase
31.5
35.7
43.7
44.8
43.3
46.6
35.3
41.5
39.6
36.5
30.5
31.9
33.1
N/C
51.8
52.2
48.4
51
55.4
49.4
60.3
53.7
50.2
54.7
61.1
58.8
51
% Decrease
16.7
12.1
7.8
4.2
1.3
4
4.4
4.8
10.2
8.8
8.4
9.3
15.9

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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