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Texas Manufacturing Outlook Survey

Unfilled Orders Index

January 2017

Report | Results Table

Unfilled Orders—Index

Jan 16Feb 16Mar 16Apr 16May 16Jun 16Jul 16Aug 16Sep 16Oct 16Nov 16Dec 16Jan 17
Current Unfilled Orders, seasonally adjusted

–17.6

–11.6

–8.8

–8.4

–8.9

–13.1

–4.0

–4.0

–0.4

–7.1

–1.9

–2.3

5.2

Future Unfilled Orders, seasonally adjusted (six months from report period)

0.5

6.9

7.3

2.0

2.4

2.3

4.1

3.6

2.6

0.5

13.8

10.9

16.6

Unfilled Orders—Composition of Responses

Jan 16Feb 16Mar 16Apr 16May 16Jun 16Jul 16Aug 16Sep 16Oct 16Nov 16Dec 16Jan 17
Current Unfilled Orders, seasonally adjusted

% Increase

8.7

12.8

10.6

12.5

11.1

13.7

11.7

15.9

16.0

13.0

12.7

10.9

17.4

% No Change

65.0

62.8

70.0

66.6

68.9

59.4

72.7

64.2

67.6

66.9

72.6

75.9

70.3

% Decrease

26.3

24.4

19.4

20.9

20.0

26.8

15.7

19.9

16.4

20.1

14.6

13.2

12.2

Future Unfilled Orders, seasonally adjusted (six months from report period)

% Increase

16.2

15.9

16.5

16.0

15.0

16.1

14.6

17.4

11.0

15.5

20.1

16.7

22.6

% No Change

68.1

75.1

74.3

70.0

72.4

70.1

74.9

68.8

80.6

69.5

73.7

77.4

71.4

% Decrease

15.7

9.0

9.2

14.0

12.6

13.8

10.5

13.8

8.4

15.0

6.3

5.8

6.0

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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