Research & Data

Texas Manufacturing Outlook Survey

Production Index

September 2013

Production—Index

Sep 12
Oct 12
Nov 12
Dec 12
Jan 13
Feb 13
Mar 13
Apr 13
May 13
Jun 13
Jul 13
Aug 13
Sep 13
Current Production, seasonally adjusted
10.3
9.0
2.4
3.5
12.9
6.2
9.9
-0.5
11.2
17.1
11.4
7.3
11.5
Future Production, seasonally adjusted (six months from report period)
26.4
30.2
23.2
24.1
35.7
28.7
35.6
32.8
34.6
40.6
42.0
36.0
33.3

Production—Composition of Responses

 
Sep 12
Oct 12
Nov 12
Dec 12
Jan 13
Feb 13
Mar 13
Apr 13
May 13
Jun 13
Jul 13
Aug 13
Sep 13
Current Production, seasonally adjusted
% Increase
27.0
28.6
25.0
22.8
29.5
27.3
21.7
20.2
28.2
34.5
23.5
23.6
26.1
% No Change
56.3
51.8
52.4
57.9
53.9
51.6
66.5
59.1
54.8
48.1
64.4
60.1
59.3
% Decrease
16.7
19.6
22.6
19.3
16.6
21.1
11.8
20.7
17.0
17.4
12.1
16.3
14.6
 
Sep 12
Oct 12
Nov 12
Dec 12
Jan 13
Feb 13
Mar 13
Apr 13
May 13
Jun 13
Jul 13
Aug 13
Sep 13
Future Production, seasonally adjusted (six months from report period)
% Increase
39.8
41.1
36.8
35.5
42.7
41.7
43.4
43.2
43.8
49.2
49.5
41.7
38.0
% No Change
46.8
48.0
49.6
53.2
50.3
45.4
48.8
46.4
46.9
42.1
42.9
52.6
57.3
% Decrease
13.4
10.9
13.6
11.4
7.0
13.0
7.8
10.4
9.2
8.6
7.5
5.7
4.7

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 Laila Assanie at laila.assanie@dal.frb.org.

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