Research & Data

Texas Manufacturing Outlook Survey

Results Table

February 2012
 

Click on links in the table for greater details. Historical data are available from June 2004 to the most current release month.

Business Indicators Relating to Facilities and Products in Texas
Current (versus previous month)
Indicator Feb
Index
Jan
Index
Change Indicator
Direction*
Trend**
(months)
%
Reporting
Increase
%
Reporting
No Change
%
Reporting
Decrease
Production
11.2
5.8
+5.4
Increasing
3
29.1
53.0
17.9
Capacity Utilization
10.0
8.5
+1.5
Increasing
3
28.4
53.2
18.4
New Orders
5.8
9.5
-3.7
Increasing
2
22.9
60.0
17.1
Growth Rate of Orders
6.6
6.6
0.0
Increasing
2
25.0
56.6
18.4
Unfilled Orders
-12.7
-1.0
-11.7
Decreasing
7
9.7
67.9
22.4
Shipments
4.2
6.1
-1.9
Increasing
2
25.9
52.4
21.7
Delivery Time
3.6
8.7
-5.1
Increasing
2
13.1
77.4
9.5
Materials Inventories
2.0
5.8
-3.8
Increasing
2
18.3
65.4
16.3
Finished Goods Inventories
-5.8
0.0
-5.8
Decreasing
1
11.8
70.6
17.6
Prices Paid for Raw Materials
25.2
24.4
+0.8
Increasing
31
32.3
60.6
7.1
Prices Received for Finished Goods
16.2
9.0
+7.2
Increasing
2
20.1
76.0
3.9
Wages and Benefits
18.4
17.5
+0.9
Increasing
27
19.5
79.4
1.1
Employment
25.2
12.2
+13.0
Increasing
16
29.3
66.6
4.1
Hours Worked
7.1
6.6
+0.5
Increasing
6
21.2
64.7
14.1
Capital Expenditures
12.1
9.6
+2.5
Increasing
5
17.3
77.5
5.2
General Business Conditions
Current (versus previous month)
Indicator Feb
Index
Jan
Index
Change Indicator
Direction*
Trend**
(months)
%
Reporting
Improved
%
Reporting
No Change
%
Reporting
Worsened
15.8
13.5
+2.3
Improving
5
26.4
63.0
10.6
17.8
15.3
+2.5
Improving
2
25.5
66.8
7.7
Business Indicators Relating to Facilities and Products in Texas
Future (six months ahead)
Indicator Feb
Index
Jan
Index
Change Indicator
Direction*
Trend**
(months)
%
Reporting
Increase
%
Reporting
No Change
%
Reporting
Decrease
Production
40.8
43.6
-2.8
Increasing
36
47.6
45.6
6.8
Capacity Utilization
39.1
41.1
-2.0
Increasing
36
45.9
47.2
6.8
New Orders
37.0
45.6
-8.6
Increasing
36
43.3
50.4
6.3
Growth Rate of Orders
32.1
30.0
+2.1
Increasing
36
39.3
53.5
7.2
Unfilled Orders
10.9
13.3
-2.4
Increasing
8
19.3
72.3
8.4
Shipments
42.8
44.1
-1.3
Increasing
36
50.0
42.8
7.2
Delivery Time
-1.2
6.6
-7.8
Decreasing
1
4.8
89.2
6.0
Materials Inventories
3.7
12.1
-8.4
Increasing
4
14.5
74.7
10.8
Finished Goods Inventories
1.3
6.7
-5.4
Increasing
2
13.3
74.7
12.0
Prices Paid for Raw Materials
45.8
42.9
+2.9
Increasing
35
50.6
44.6
4.8
Prices Received for Finished Goods
22.9
27.0
-4.1
Increasing
19
30.1
62.7
7.2
Wages and Benefits
39.9
36.6
+3.3
Increasing
93
39.9
60.1
0.0
Employment
32.9
25.5
+7.4
Increasing
30
37.8
57.3
4.9
Hours Worked
10.0
11.2
-1.2
Increasing
35
19.4
71.2
9.4
Capital Expenditures
30.5
25.3
+5.2
Increasing
27
36.6
57.3
6.1
General Business Conditions
Future (six months ahead)
Indicator Feb
Index
Jan
Index
Change Indicator
Direction*
Trend**
(months)
%
Reporting
Improved
%
Reporting
No Change
%
Reporting
Worsened
24.2
27.9
-3.7
Improving
34
31.6
61.0
7.4
15.9
22.3
-6.4
Improving
5
24.4
67.1
8.5

*Indicator direction refers to this month's index. If index is positive (negative), indicator is increasing (decreasing) or improving (worsening). If zero, indicator is unchanged.
**Number of months moving in current direction.
Data have been seasonally adjusted as necessary.

Questions regarding the Texas Manufacturing Outlook Survey can be addressed to Emily Kerr at emily.kerr@dal.frb.org.

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