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Surveys

Texas Manufacturing Outlook Survey

Results Table

March 27, 2017

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)
IndicatorMar IndexFeb IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Decrease

Production

18.6

16.7

+1.9

Increasing

9

32.4

53.8

13.8

Capacity Utilization

13.2

14.7

–1.5

Increasing

9

28.6

56.0

15.4

New Orders

9.5

11.6

–2.1

Increasing

5

27.5

54.5

18.0

Growth Rate of Orders

3.2

2.0

+1.2

Increasing

3

20.7

61.8

17.5

Unfilled Orders

0.1

0.7

–0.6

Increasing

3

14.0

72.1

13.9

Shipments

6.5

12.2

–5.7

Increasing

4

26.8

52.9

20.3

Delivery Time

10.1

5.8

+4.3

Increasing

2

17.1

75.9

7.0

Materials Inventories

0.0

9.7

–9.7

Unchanged

1

18.3

63.5

18.3

Finished Goods Inventories

–1.8

–2.6

+0.8

Decreasing

5

13.0

72.2

14.8

Prices Paid for Raw Materials

25.2

31.5

–6.3

Increasing

13

28.0

69.2

2.8

Prices Received for Finished Goods

7.5

19.5

–12.0

Increasing

8

12.2

83.1

4.7

Wages and Benefits

19.7

19.5

+0.2

Increasing

88

20.4

78.9

0.7

Employment

8.4

9.6

–1.2

Increasing

3

18.6

71.2

10.2

Hours Worked

8.7

7.7

+1.0

Increasing

5

19.8

69.1

11.1

Capital Expenditures

12.7

14.4

–1.7

Increasing

7

18.6

75.5

5.9

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

Company Outlook

17.9

17.6

+0.3

Improving

7

28.9

60.1

11.0

General Business Activity

16.9

24.5

–7.6

Improving

6

28.7

59.5

11.8

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

Production

44.8

46.4

–1.6

Increasing

97

53.3

38.2

8.5

Capacity Utilization

37.3

45.2

–7.9

Increasing

97

45.9

45.5

8.6

New Orders

45.1

51.0

–5.9

Increasing

97

51.6

41.9

6.5

Growth Rate of Orders

38.3

39.9

–1.6

Increasing

97

44.1

50.1

5.8

Unfilled Orders

7.3

11.3

–4.0

Increasing

18

16.5

74.4

9.2

Shipments

45.7

42.8

+2.9

Increasing

97

52.2

41.3

6.5

Delivery Time

4.9

6.1

–1.2

Increasing

4

12.5

79.9

7.6

Materials Inventories

4.4

6.2

–1.8

Increasing

4

20.9

62.6

16.5

Finished Goods Inventories

5.5

4.6

+0.9

Increasing

9

17.4

70.6

11.9

Prices Paid for Raw Materials

42.5

36.4

+6.1

Increasing

96

44.4

53.7

1.9

Prices Received for Finished Goods

25.5

31.5

–6.0

Increasing

14

29.1

67.3

3.6

Wages and Benefits

45.0

45.0

0.0

Increasing

154

46.2

52.6

1.2

Employment

28.4

38.9

–10.5

Increasing

52

36.1

56.2

7.7

Hours Worked

9.4

12.2

–2.8

Increasing

10

18.8

71.8

9.4

Capital Expenditures

23.4

33.0

–9.6

Increasing

88

29.9

63.6

6.5

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

Company Outlook

39.1

35.6

+3.5

Improving

14

47.1

44.8

8.0

General Business Activity

36.3

37.0

–0.7

Improving

10

44.0

48.2

7.7

*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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