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Texas Manufacturing Outlook Survey

Finished Goods Inventories Index

September 2013

Finished Goods Inventories—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 Finished Goods Inventories
-3.1
-8.9
-11.9
-5.5
-5.6
4.2
9.9
2.1
0.0
-2.1
-1.2
-11.0
-10.0
Future Finished Goods Inventories (six months from report period)
-6.5
0.0
-6.1
0.0
1.2
5.5
1.2
2.2
2.2
0.0
1.2
-1.3
-1.2

Finished Goods Inventories—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 Finished Goods Inventories
% Increase
10.3
11.9
12.9
16.7
8.0
12.6
20.9
13.8
15.1
11.6
14.1
11.0
11.1
% No Change
76.3
67.3
62.4
61.1
78.4
78.9
68.1
74.5
69.9
74.7
70.6
67.1
67.8
% Decrease
13.4
20.8
24.8
22.2
13.6
8.4
11.0
11.7
15.1
13.7
15.3
22.0
21.1
 
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 Finished Goods Inventories (six months from report period)
% Increase
12.9
15.5
13.1
9.1
13.1
10.9
16.3
14.4
15.7
12.2
14.6
11.4
12.6
% No Change
67.7
69.1
67.7
81.8
75.0
83.7
68.6
73.3
70.8
75.6
72.0
75.9
73.6
% Decrease
19.4
15.5
19.2
9.1
11.9
5.4
15.1
12.2
13.5
12.2
13.4
12.7
13.8

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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