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Surveys

Texas Manufacturing Outlook Survey

June 26, 2017

Results Table

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)
IndicatorJun IndexMay IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Decrease

Production

12.3

23.3

–11.0

Increasing

12

28.8

54.7

16.5

Capacity Utilization

12.3

19.4

–7.1

Increasing

12

29.2

53.9

16.9

New Orders

9.6

18.1

–8.5

Increasing

8

32.5

44.5

22.9

Growth Rate of Orders

4.7

12.3

–7.6

Increasing

6

26.4

51.9

21.7

Unfilled Orders

1.3

8.1

–6.8

Increasing

6

16.4

68.5

15.1

Shipments

8.5

24.7

–16.2

Increasing

7

28.7

51.1

20.2

Delivery Time

0.0

2.7

–2.7

Unchanged

1

11.4

77.2

11.4

Materials Inventories

–1.6

–2.3

+0.7

Decreasing

2

18.4

61.6

20.0

Finished Goods Inventories

–7.1

–1.8

–5.3

Decreasing

2

13.3

66.4

20.4

Prices Paid for Raw Materials

15.6

17.5

–1.9

Increasing

16

20.6

74.4

5.0

Prices Received for Finished Goods

3.6

5.9

–2.3

Increasing

11

12.9

77.8

9.3

Wages and Benefits

21.1

24.3

–3.2

Increasing

91

22.9

75.3

1.8

Employment

9.6

8.3

+1.3

Increasing

6

19.1

71.4

9.5

Hours Worked

8.9

15.7

–6.8

Increasing

8

19.3

70.3

10.4

Capital Expenditures

12.7

11.1

+1.6

Increasing

10

20.2

72.3

7.5

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

Company Outlook

10.8

20.2

–9.4

Improving

10

23.2

64.4

12.4

General Business Activity

15.0

17.2

–2.2

Improving

9

27.9

59.2

12.9

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

Production

47.5

49.7

–2.2

Increasing

100

53.7

40.1

6.2

Capacity Utilization

42.9

43.6

–0.7

Increasing

100

49.3

44.3

6.4

New Orders

52.6

46.5

+6.1

Increasing

100

57.3

38.0

4.7

Growth Rate of Orders

35.7

36.4

–0.7

Increasing

100

39.7

56.3

4.0

Unfilled Orders

10.4

12.9

–2.5

Increasing

21

18.3

73.8

7.9

Shipments

45.0

46.6

–1.6

Increasing

100

52.5

40.0

7.5

Delivery Time

0.9

6.6

–5.7

Increasing

7

11.1

78.7

10.2

Materials Inventories

14.9

4.6

+10.3

Increasing

7

23.8

67.3

8.9

Finished Goods Inventories

7.4

5.5

+1.9

Increasing

12

17.6

72.2

10.2

Prices Paid for Raw Materials

18.5

28.7

–10.2

Increasing

99

25.0

68.5

6.5

Prices Received for Finished Goods

15.9

30.5

–14.6

Increasing

17

20.6

74.8

4.7

Wages and Benefits

44.7

42.7

+2.0

Increasing

157

44.9

54.9

0.2

Employment

32.3

43.1

–10.8

Increasing

55

40.9

50.5

8.6

Hours Worked

8.3

12.0

–3.7

Increasing

13

18.1

72.1

9.8

Capital Expenditures

25.2

24.8

+0.4

Increasing

91

29.9

65.4

4.7

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

Company Outlook

35.6

30.9

+4.7

Improving

17

41.1

53.4

5.5

General Business Activity

31.9

31.6

+0.3

Improving

13

35.8

60.3

3.9

*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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