Research & Data

Texas Service Sector Outlook Survey

Sales Index

May 2011

Sales—Index

May 10
Jun 10
Jul 10
Aug 10
Sep 10
Oct 10
Nov 10
Dec 10
Jan 11
Feb 11
Mar 11
Apr 11
May 11
Current Sales, seasonally adjusted
2.7
20.4
-8.4
-2
4.9
18.1
15.6
16.6
-2.8
-17.2
23.8
13.5
-4.6
Future Sales, seasonally adjusted (six months from report period)
38.1
33.2
36.5
34.5
32.5
45.2
56.3
63
55.4
50.1
49.3
43.4
36.7

Sales—Composition of Responses

 
May 10
Jun 10
Jul 10
Aug 10
Sep 10
Oct 10
Nov 10
Dec 10
Jan 11
Feb 11
Mar 11
Apr 11
May 11
Current Sales, seasonally adjusted
% Increase
32
39.9
31.9
31.6
30.1
37.2
38.4
35.3
27.5
23.1
42.3
43.2
27.6
% No Change
38.7
40.5
27.8
34.7
44.7
43.7
38.8
46
42.1
36.6
39.2
27.1
40.2
% Decrease
29.3
19.5
40.3
33.6
25.2
19.1
22.8
18.7
30.3
40.3
18.5
29.7
32.2
 
May 10
Jun 10
Jul 10
Aug 10
Sep 10
Oct 10
Nov 10
Dec 10
Jan 11
Feb 11
Mar 11
Apr 11
May 11
Future Sales, seasonally adjusted (six months from report period)
% Increase
52.5
46.5
53.2
46.9
44.7
53.4
62.4
63
62.6
59.7
56.3
57.7
52.2
% No Change
33.1
40.2
30.1
40.7
43.2
38.4
31.5
37
30.2
30.8
36.8
28
32.3
% Decrease
14.4
13.3
16.7
12.4
12.2
8.2
6.1
0
7.2
9.6
7
14.3
15.5

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 Service Sector Outlook Survey can be addressed to Amy Jordan at amy.jordan@dal.frb.org.

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