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Surveys

Texas Manufacturing Outlook Survey

Results Table

December 27, 2016

Report


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)
IndicatorDec IndexNov IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Decrease

Production

13.8

8.8

+5.0

Increasing

6

26.3

61.2

12.5

Capacity Utilization

13.8

3.6

+10.2

Increasing

6

25.0

63.8

11.2

New Orders

7.3

–1.4

+8.7

Increasing

1

23.8

59.7

16.5

Growth Rate of Orders

–3.4

–0.8

–2.6

Decreasing

4

16.9

62.8

20.3

Unfilled Orders

–2.9

–2.5

–0.4

Decreasing

25

10.6

75.9

13.5

Shipments

4.7

–1.9

+6.6

Increasing

1

24.1

56.5

19.4

Delivery Time

–7.7

–3.1

–4.6

Decreasing

3

6.5

79.3

14.2

Materials Inventories

–2.7

–4.3

+1.6

Decreasing

17

17.5

62.3

20.2

Finished Goods Inventories

–2.7

–6.3

+3.6

Decreasing

2

14.3

68.8

17.0

Prices Paid for Raw Materials

28.1

18.2

+9.9

Increasing

9

30.1

67.9

2.0

Prices Received for Finished Goods

14.7

8.0

+6.7

Increasing

3

20.5

73.7

5.8

Wages and Benefits

18.7

18.4

+0.3

Increasing

85

20.0

78.7

1.3

Employment

–2.9

4.5

–7.4

Decreasing

1

16.9

63.3

19.8

Hours Worked

2.7

2.5

+0.2

Increasing

2

18.0

66.7

15.3

Capital Expenditures

6.5

2.0

+4.5

Increasing

4

17.2

72.1

10.7

Business Indicators Relating to Facilities and Products in Texas
Current (versus previous month)
IndicatorDec IndexNov IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Decrease

Production

13.8

8.8

+5.0

Increasing

6

26.3

61.2

12.5

Capacity Utilization

13.8

3.6

+10.2

Increasing

6

25.0

63.8

11.2

New Orders

7.3

–1.4

+8.7

Increasing

1

23.8

59.7

16.5

Growth Rate of Orders

–3.4

–0.8

–2.6

Decreasing

4

16.9

62.8

20.3

Unfilled Orders

–2.9

–2.5

–0.4

Decreasing

25

10.6

75.9

13.5

Shipments

4.7

–1.9

+6.6

Increasing

1

24.1

56.5

19.4

Delivery Time

–7.7

–3.1

–4.6

Decreasing

3

6.5

79.3

14.2

Materials Inventories

–2.7

–4.3

+1.6

Decreasing

17

17.5

62.3

20.2

Finished Goods Inventories

–2.7

–6.3

+3.6

Decreasing

2

14.3

68.8

17.0

Prices Paid for Raw Materials

28.1

18.2

+9.9

Increasing

9

30.1

67.9

2.0

Prices Received for Finished Goods

14.7

8.0

+6.7

Increasing

3

20.5

73.7

5.8

Wages and Benefits

18.7

18.4

+0.3

Increasing

85

20.0

78.7

1.3

Employment

–2.9

4.5

–7.4

Decreasing

1

16.9

63.3

19.8

Hours Worked

2.7

2.5

+0.2

Increasing

2

18.0

66.7

15.3

Capital Expenditures

6.5

2.0

+4.5

Increasing

4

17.2

72.1

10.7

General Business Conditions
Current (versus previous month)
IndicatorIndexNov IndexChangeIndicator Direction*Trend** (Months)% Reporting Improved% Reporting
No Change
% Reporting Worsened

Company Outlook

17.4

11.0

+6.4

Improving

4

26.0

65.4

8.6

General Business Activity

15.5

10.2

+5.3

Improving

2

25.6

64.3

10.1

General Business Conditions
Current (versus previous month)
IndicatorIndexNov IndexChangeIndicator Direction*Trend** (Months)% Reporting Improved% Reporting
No Change
% Reporting Worsened

Company Outlook

17.4

11.0

+6.4

Improving

4

26.0

65.4

8.6

General Business Activity

15.5

10.2

+5.3

Improving

2

25.6

64.3

10.1

Business Indicators Relating to Facilities and Products in Texas
Future (six months ahead)
IndicatorDec IndexNov IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Decrease

Production

55.3

52.3

+3.0

Increasing

94

61.9

31.5

6.6

Capacity Utilization

48.6

46.4

+2.2

Increasing

94

54.5

39.6

5.9

New Orders

48.8

48.1

+0.7

Increasing

94

55.4

38.0

6.6

Growth Rate of Orders

35.3

42.4

–7.1

Increasing

94

41.9

51.5

6.6

Unfilled Orders

11.1

14.3

–3.2

Increasing

15

16.5

78.1

5.4

Shipments

49.5

44.3

+5.2

Increasing

94

58.1

33.3

8.6

Delivery Time

5.8

–2.9

+8.7

Increasing

1

13.4

79.0

7.6

Materials Inventories

19.7

11.3

+8.4

Increasing

4

31.8

56.1

12.1

Finished Goods Inventories

11.3

3.8

+7.5

Increasing

6

20.6

70.1

9.3

Prices Paid for Raw Materials

40.2

34.2

+6.0

Increasing

93

44.9

50.5

4.7

Prices Received for Finished Goods

26.0

31.1

–5.1

Increasing

11

33.7

58.7

7.7

Wages and Benefits

42.9

40.4

+2.5

Increasing

151

44.1

54.7

1.2

Employment

37.6

30.6

+7.0

Increasing

49

46.2

45.2

8.6

Hours Worked

13.5

19.2

–5.7

Increasing

7

18.8

75.9

5.3

Capital Expenditures

36.8

30.4

+6.4

Increasing

85

41.7

53.4

4.9

Business Indicators Relating to Facilities and Products in Texas
Future (six months ahead)
IndicatorDec IndexNov IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Decrease

Production

55.3

52.3

+3.0

Increasing

94

61.9

31.5

6.6

Capacity Utilization

48.6

46.4

+2.2

Increasing

94

54.5

39.6

5.9

New Orders

48.8

48.1

+0.7

Increasing

94

55.4

38.0

6.6

Growth Rate of Orders

35.3

42.4

–7.1

Increasing

94

41.9

51.5

6.6

Unfilled Orders

11.1

14.3

–3.2

Increasing

15

16.5

78.1

5.4

Shipments

49.5

44.3

+5.2

Increasing

94

58.1

33.3

8.6

Delivery Time

5.8

–2.9

+8.7

Increasing

1

13.4

79.0

7.6

Materials Inventories

19.7

11.3

+8.4

Increasing

4

31.8

56.1

12.1

Finished Goods Inventories

11.3

3.8

+7.5

Increasing

6

20.6

70.1

9.3

Prices Paid for Raw Materials

40.2

34.2

+6.0

Increasing

93

44.9

50.5

4.7

Prices Received for Finished Goods

26.0

31.1

–5.1

Increasing

11

33.7

58.7

7.7

Wages and Benefits

42.9

40.4

+2.5

Increasing

151

44.1

54.7

1.2

Employment

37.6

30.6

+7.0

Increasing

49

46.2

45.2

8.6

Hours Worked

13.5

19.2

–5.7

Increasing

7

18.8

75.9

5.3

Capital Expenditures

36.8

30.4

+6.4

Increasing

85

41.7

53.4

4.9

General Business Conditions
Future (six months ahead)
IndicatorIndexNov IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Worsened

Company Outlook

46.8

34.9

+11.9

Improving

11

53.0

40.8

6.2

General Business Activity

39.7

31.6

+8.1

Improving

7

47.2

45.4

7.5

General Business Conditions
Future (six months ahead)
IndicatorIndexNov IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Worsened

Company Outlook

46.8

34.9

+11.9

Improving

11

53.0

40.8

6.2

General Business Activity

39.7

31.6

+8.1

Improving

7

47.2

45.4

7.5

*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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