Research & Data

Texas Service Sector Outlook Survey

Company Outlook Index

November 2013

Company Outlook—Index

Nov 12
Dec 12
Jan 13
Feb 13
Mar 13
Apr 13
May 13
Jun 13
Jul 13
Aug 13
Sep 13
Oct 13
Nov 13
Current Company Outlook, seasonally adjusted
2.9
5.4
11.5
22.1
7.6
-0.8
6.2
4.3
21.3
22.4
12.2
13.3
17.6
Future Company Outlook, seasonally adjusted (six months from report period)
9.9
29.0
11.6
23.0
23.3
8.0
19.7
16.5
36.8
38.0
32.3
28.9
32.7

Company Outlook—Composition of Responses

 
Nov 12
Dec 12
Jan 13
Feb 13
Mar 13
Apr 13
May 13
Jun 13
Jul 13
Aug 13
Sep 13
Oct 13
Nov 13
Current Company Outlook, seasonally adjusted
% Improved
23.3
25.0
21.0
30.3
24.7
18.9
18.9
18.1
26.8
28.7
24.6
23.1
21.8
% No Change
56.4
55.3
69.5
61.5
58.2
61.4
68.4
68.1
67.7
65.0
63.0
67.1
74.0
% Worsened
20.4
19.6
9.5
8.2
17.1
19.7
12.7
13.8
5.5
6.3
12.4
9.8
4.2
 
Nov 12
Dec 12
Jan 13
Feb 13
Mar 13
Apr 13
May 13
Jun 13
Jul 13
Aug 13
Sep 13
Oct 13
Nov 13
Future Company Outlook, seasonally adjusted (six months from report period)
% Improved
31.2
44.3
23.7
33.7
37.3
25.1
31.8
23.4
45.2
40.9
36.8
33.0
37.4
% No Change
47.4
40.4
64.3
55.6
48.7
57.8
56.1
69.7
46.5
56.2
58.7
62.9
57.9
% Worsened
21.3
15.3
12.1
10.7
14.0
17.1
12.1
6.9
8.4
2.9
4.5
4.1
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 Service Sector Outlook Survey can be addressed to Amy Jordan at amy.jordan@dal.frb.org.

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