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Texas Manufacturing Outlook Survey

Production Index

November 2016

Report | Results Table

Production—Index

Nov 15Dec 15Jan 16Feb 16Mar 16Apr 16May 16Jun 16Jul 16Aug 16Sep 16Oct 16Nov 16
Current Production, seasonally adjusted

4.4

12.7

–10.2

–8.5

3.3

5.8

–13.1

–7.0

0.4

4.5

16.7

6.7

8.8

Future Production, seasonally adjusted (six months from report period)

33.7

29.6

26.5

33.4

31.8

33.9

24.6

27.1

45.2

32.8

30.5

33.0

52.3

Production—Composition of Responses

Nov 15Dec 15Jan 16Feb 16Mar 16Apr 16May 16Jun 16Jul 16Aug 16Sep 16Oct 16Nov 16
Current Production, seasonally adjusted

% Increase

28.2

29.3

18.3

22.0

25.1

29.5

16.8

22.4

25.9

27.8

35.6

28.1

28.8

% No Change

48.0

54.2

53.2

47.4

53.1

46.8

53.3

48.3

48.6

48.9

45.5

50.5

51.2

% Decrease

23.8

16.6

28.5

30.5

21.8

23.7

29.9

29.4

25.5

23.3

18.9

21.4

20.0

Future Production, seasonally adjusted (six months from report period)

% Increase

46.4

41.8

43.4

46.5

42.0

49.0

42.1

39.7

54.4

44.8

42.6

48.2

57.4

% No Change

40.9

46.0

39.7

40.4

47.9

35.9

40.4

47.8

36.4

43.2

45.3

36.6

37.5

% Decrease

12.7

12.2

16.9

13.1

10.2

15.1

17.5

12.6

9.2

12.0

12.1

15.2

5.1

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 Emily Kerr at emily.kerr@dal.frb.org.

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