Research & Data

Texas Manufacturing Outlook Survey

Results Table

March 2014
 

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 Mar
Index
Feb
Index
Change Indicator
Direction*
Trend**
(months)
%
Reporting
Increase
%
Reporting
No Change
%
Reporting
Decrease
Production
17.1
10.8
+6.3
Increasing
11
31.1
54.9
14.0
Capacity Utilization
13.1
9.1
+4.0
Increasing
16
26.4
60.3
13.3
New Orders
14.7
9.5
+5.2
Increasing
11
31.4
51.9
16.7
Growth Rate of Orders
8.6
5.3
+3.3
Increasing
3
24.2
60.2
15.6
Unfilled Orders
0.9
1.9
-1.0
Increasing
2
16.0
68.9
15.1
Shipments
19.5
13.3
+6.2
Increasing
11
35.7
48.2
16.2
Delivery Time
1.7
4.4
-2.7
Increasing
2
11.6
78.5
9.9
Materials Inventories
9.6
7.7
+1.9
Increasing
5
20.9
67.8
11.3
Finished Goods Inventories
9.1
-1.1
+10.2
Increasing
1
17.3
74.5
8.2
Prices Paid for Raw Materials
23.1
21.9
+1.2
Increasing
56
26.9
69.3
3.8
Prices Received for Finished Goods
7.3
11.2
-3.9
Increasing
8
12.7
81.9
5.4
Wages and Benefits
20.8
25.8
-5.0
Increasing
56
21.4
78.0
0.6
Employment
15.0
9.9
+5.1
Increasing
10
24.2
66.6
9.2
Hours Worked
5.3
12.0
-6.7
Increasing
3
19.8
65.8
14.5
Capital Expenditures
14.1
7.0
+7.1
Increasing
30
20.5
73.1
6.4
General Business Conditions
Current (versus previous month)
Indicator Mar
Index
Feb
Index
Change Indicator
Direction*
Trend**
(months)
%
Reporting
Improved
%
Reporting
No Change
%
Reporting
Worsened
9.1
3.4
+5.7
Improving
10
22.6
63.9
13.5
4.9
0.3
+4.6
Improving
10
18.4
68.1
13.5
Business Indicators Relating to Facilities and Products in Texas
Future (six months ahead)
Indicator Mar
Index
Feb
Index
Change Indicator
Direction*
Trend**
(months)
%
Reporting
Increase
%
Reporting
No Change
%
Reporting
Decrease
Production
46.4
46.6
-0.2
Increasing
61
52.6
41.2
6.2
Capacity Utilization
39.0
40.2
-1.2
Increasing
61
45.8
47.4
6.8
New Orders
42.1
41.9
+0.2
Increasing
61
49.9
42.3
7.8
Growth Rate of Orders
33.5
34.6
-1.1
Increasing
61
39.7
54.1
6.2
Unfilled Orders
8.1
5.4
+2.7
Increasing
8
17.1
73.8
9.0
Shipments
42.3
39.1
+3.2
Increasing
61
50.3
41.7
8.0
Delivery Time
-0.1
5.9
-6.0
Decreasing
1
10.4
79.1
10.5
Materials Inventories
9.6
12.5
-2.9
Increasing
8
21.3
67.0
11.7
Finished Goods Inventories
-5.3
2.2
-7.5
Decreasing
1
10.5
73.7
15.8
Prices Paid for Raw Materials
32.6
40.9
-8.3
Increasing
60
37.9
56.8
5.3
Prices Received for Finished Goods
28.4
27.3
+1.1
Increasing
21
32.6
63.2
4.2
Wages and Benefits
47.6
42.8
+4.8
Increasing
118
48.1
51.4
0.5
Employment
35.1
37.5
-2.4
Increasing
55
39.4
56.4
4.3
Hours Worked
8.8
13.1
-4.3
Increasing
10
16.4
76.0
7.6
Capital Expenditures
15.8
25.0
-9.2
Increasing
52
26.3
63.2
10.5
General Business Conditions
Future (six months ahead)
Indicator Mar
Index
Feb
Index
Change Indicator
Direction*
Trend**
(months)
%
Reporting
Improved
%
Reporting
No Change
%
Reporting
Worsened
27.4
20.6
+6.8
Improving
60
35.9
55.6
8.5
17.6
15.2
+2.4
Improving
10
30.0
57.6
12.4

*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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