Research & Data
Texas Manufacturing Outlook Survey
Results Table
May 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 |
May
Index |
Apr
Index |
Change |
Indicator
Direction* |
Trend**
(months) |
%
Reporting
Increase |
%
Reporting
No Change |
%
Reporting
Decrease |
| Production |
5.5 |
5.6 |
-0.1 |
Increasing |
6 |
26.9 |
51.7 |
21.4 |
| Capacity Utilization |
5.0 |
1.4 |
+3.6 |
Increasing |
6 |
25.5 |
54.0 |
20.5 |
| New Orders |
-0.6 |
-1.0 |
+0.4 |
Decreasing |
3 |
25.3 |
48.9 |
25.9 |
| Growth Rate of Orders |
-3.7 |
-2.6 |
-1.1 |
Decreasing |
3 |
20.6 |
55.1 |
24.3 |
| Unfilled Orders |
-4.0 |
-8.3 |
+4.3 |
Decreasing |
2 |
15.8 |
64.4 |
19.8 |
| Shipments |
-0.2 |
-0.8 |
+0.6 |
Decreasing |
2 |
26.7 |
46.5 |
26.9 |
| Delivery Time |
4.7 |
-1.1 |
+5.8 |
Increasing |
1 |
12.8 |
79.1 |
8.1 |
| Materials Inventories |
7.2 |
7.3 |
-0.1 |
Increasing |
2 |
23.3 |
60.6 |
16.1 |
| Finished Goods Inventories |
-2.4 |
-5.6 |
+3.2 |
Decreasing |
4 |
11.6 |
74.4 |
14.0 |
| Prices Paid for Raw Materials |
20.2 |
21.2 |
-1.0 |
Increasing |
34 |
27.1 |
66.0 |
6.9 |
| Prices Received for Finished Goods |
-0.5 |
-5.4 |
+4.9 |
Decreasing |
3 |
8.2 |
83.1 |
8.7 |
| Wages and Benefits |
20.0 |
15.2 |
+4.8 |
Increasing |
30 |
21.0 |
78.0 |
1.0 |
| Employment |
8.5 |
11.8 |
-3.3 |
Increasing |
19 |
18.3 |
71.9 |
9.8 |
| Hours Worked |
-2.2 |
-4.6 |
+2.4 |
Decreasing |
2 |
16.7 |
64.4 |
18.9 |
| Capital Expenditures |
6.9 |
6.1 |
+0.8 |
Increasing |
8 |
17.5 |
71.9 |
10.6 |
|
General Business Conditions
Current (versus previous month) |
| Indicator |
May
Index |
Apr
Index |
Change |
Indicator
Direction* |
Trend**
(months) |
%
Reporting
Improved |
%
Reporting
No Change |
%
Reporting
Worsened |
|
4.7 |
-4.5 |
+9.2 |
Improving |
1 |
20.9 |
62.9 |
16.2 |
|
-5.1 |
-3.4 |
-1.7 |
Worsening |
2 |
14.9 |
65.1 |
20.0 |
|
Business Indicators Relating to Facilities and Products in Texas
Future (six months ahead) |
| Indicator |
May
Index |
Apr
Index |
Change |
Indicator
Direction* |
Trend**
(months) |
%
Reporting
Increase |
%
Reporting
No Change |
%
Reporting
Decrease |
| Production |
31.6 |
38.5 |
-6.9 |
Increasing |
39 |
40.6 |
50.4 |
9.0 |
| Capacity Utilization |
29.1 |
34.9 |
-5.8 |
Increasing |
39 |
39.5 |
50.1 |
10.4 |
| New Orders |
22.8 |
31.4 |
-8.6 |
Increasing |
39 |
35.1 |
52.6 |
12.3 |
| Growth Rate of Orders |
13.7 |
21.1 |
-7.4 |
Increasing |
39 |
25.4 |
62.9 |
11.7 |
| Unfilled Orders |
4.8 |
4.6 |
+0.2 |
Increasing |
11 |
14.3 |
76.2 |
9.5 |
| Shipments |
27.2 |
34.7 |
-7.5 |
Increasing |
39 |
38.8 |
49.6 |
11.6 |
| Delivery Time |
-3.6 |
-2.3 |
-1.3 |
Decreasing |
2 |
7.1 |
82.1 |
10.7 |
| Materials Inventories |
-5.9 |
5.8 |
-11.7 |
Decreasing |
1 |
13.1 |
67.9 |
19.0 |
| Finished Goods Inventories |
-7.2 |
-2.3 |
-4.9 |
Decreasing |
2 |
10.7 |
71.4 |
17.9 |
| Prices Paid for Raw Materials |
35.7 |
40.2 |
-4.5 |
Increasing |
38 |
40.5 |
54.8 |
4.8 |
| Prices Received for Finished Goods |
16.6 |
16.1 |
+0.5 |
Increasing |
22 |
22.6 |
71.4 |
6.0 |
| Wages and Benefits |
34.4 |
36.4 |
-2.0 |
Increasing |
96 |
35.1 |
64.2 |
0.7 |
| Employment |
15.4 |
19.8 |
-4.4 |
Increasing |
33 |
21.4 |
72.6 |
6.0 |
| Hours Worked |
2.6 |
9.8 |
-7.2 |
Increasing |
38 |
9.0 |
84.6 |
6.4 |
| Capital Expenditures |
18.1 |
21.0 |
-2.9 |
Increasing |
30 |
28.9 |
60.2 |
10.8 |
|
General Business Conditions
Future (six months ahead) |
| Indicator |
May
Index |
Apr
Index |
Change |
Indicator
Direction* |
Trend**
(months) |
%
Reporting
Improved |
%
Reporting
No Change |
%
Reporting
Worsened |
|
11.4 |
14.4 |
-3.0 |
Improving |
37 |
24.8 |
61.8 |
13.4 |
|
4.3 |
15.7 |
-11.4 |
Improving |
8 |
19.3 |
65.7 |
15.0 |
|
*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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