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Texas Manufacturing Outlook Survey

Results Table

April 24, 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)
IndicatorApr IndexMar IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Decrease

Production

15.4

18.6

–3.2

Increasing

10

32.7

50.0

17.3

Capacity Utilization

11.5

13.2

–1.7

Increasing

10

28.8

53.9

17.3

New Orders

11.5

9.5

+2.0

Increasing

6

27.5

56.5

16.0

Growth Rate of Orders

5.1

3.2

+1.9

Increasing

4

20.5

64.1

15.4

Unfilled Orders

0.1

0.1

0.0

Increasing

4

13.0

74.1

12.9

Shipments

9.5

6.5

+3.0

Increasing

5

27.1

55.3

17.6

Delivery Time

1.4

10.1

–8.7

Increasing

3

10.9

79.6

9.5

Materials Inventories

2.2

0.0

+2.2

Increasing

1

17.8

66.6

15.6

Finished Goods Inventories

1.0

–1.8

+2.8

Increasing

1

15.0

71.0

14.0

Prices Paid for Raw Materials

20.8

25.2

–4.4

Increasing

14

24.8

71.2

4.0

Prices Received for Finished Goods

12.0

7.5

+4.5

Increasing

9

17.6

76.8

5.6

Wages and Benefits

18.8

19.7

–0.9

Increasing

89

20.8

77.2

2.0

Employment

8.5

8.4

+0.1

Increasing

4

17.5

73.5

9.0

Hours Worked

5.9

8.7

–2.8

Increasing

6

20.1

65.7

14.2

Capital Expenditures

6.7

12.7

–6.0

Increasing

8

16.4

73.9

9.7

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

Company Outlook

15.1

17.9

–2.8

Improving

8

25.3

64.5

10.2

General Business Activity

16.8

16.9

–0.1

Improving

7

30.4

56.0

13.6

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

Production

39.6

44.8

–5.2

Increasing

98

49.3

40.9

9.7

Capacity Utilization

38.0

37.3

+0.7

Increasing

98

47.3

43.5

9.3

New Orders

36.1

45.1

–9.0

Increasing

98

43.5

49.0

7.4

Growth Rate of Orders

30.9

38.3

–7.4

Increasing

98

39.4

52.1

8.5

Unfilled Orders

8.8

7.3

+1.5

Increasing

19

19.3

70.2

10.5

Shipments

41.5

45.7

–4.2

Increasing

98

50.5

40.5

9.0

Delivery Time

7.8

4.9

+2.9

Increasing

5

13.8

80.2

6.0

Materials Inventories

8.2

4.4

+3.8

Increasing

5

16.1

76.0

7.9

Finished Goods Inventories

4.9

5.5

–0.6

Increasing

10

13.7

77.5

8.8

Prices Paid for Raw Materials

28.4

42.5

–14.1

Increasing

97

34.3

59.8

5.9

Prices Received for Finished Goods

26.0

25.5

+0.5

Increasing

15

29.0

68.0

3.0

Wages and Benefits

45.6

45.0

+0.6

Increasing

155

45.9

53.8

0.3

Employment

32.7

28.4

+4.3

Increasing

53

38.9

54.9

6.2

Hours Worked

9.9

9.4

+0.5

Increasing

11

18.0

73.9

8.1

Capital Expenditures

26.0

23.4

+2.6

Increasing

89

31.0

64.0

5.0

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

Company Outlook

26.2

39.1

–12.9

Improving

15

33.7

58.8

7.5

General Business Activity

27.1

36.3

–9.2

Improving

11

33.1

60.9

6.0

*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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