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Surveys

Texas Manufacturing Outlook Survey

Texas Manufacturing Outlook Survey
April 25, 2022

Results Table

Report


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 IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting No Change% Reporting Decrease

Production

10.8

13.2

–2.4

10.9

23(+)

29.9

51.0

19.1

Capacity Utilization

14.3

15.1

–0.8

8.7

23(+)

33.4

47.5

19.1

New Orders

12.1

10.5

+1.6

7.0

23(+)

29.6

52.9

17.5

Growth Rate of Orders

13.0

13.7

–0.7

0.9

22(+)

25.0

63.0

12.0

Unfilled Orders

10.5

12.4

–1.9

–1.4

22(+)

25.6

59.3

15.1

Shipments

11.8

7.0

+4.8

9.7

23(+)

32.3

47.3

20.5

Delivery Time

21.2

23.2

–2.0

1.3

22(+)

30.8

59.6

9.6

Finished Goods Inventories

–3.3

2.3

–5.6

–3.4

1(–)

16.1

64.5

19.4

Prices Paid for Raw Materials

61.5

74.0

–12.5

27.7

24(+)

67.2

27.1

5.7

Prices Received for Finished Goods

43.5

47.8

–4.3

8.4

21(+)

46.9

49.7

3.4

Wages and Benefits

50.9

55.2

–4.3

20.1

24(+)

50.9

49.1

0.0

Employment

24.6

25.5

–0.9

7.6

22(+)

34.3

56.0

9.7

Hours Worked

11.3

15.4

–4.1

3.7

22(+)

22.1

67.1

10.8

Capital Expenditures

19.0

19.5

–0.5

6.9

21(+)

27.7

63.6

8.7

General Business Conditions
Current (versus previous month)
IndicatorApr IndexMar IndexChangeSeries
Average
Trend**% Reporting Improved% Reporting No Change% Reporting Worsened

Company Outlook

–5.5

–0.7

–4.8

6.8

2(–)

15.8

62.9

21.3

General Business Activity

1.1

8.7

–7.6

3.1

21(+)

19.5

62.1

18.4

IndicatorApr IndexMar IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting No Change% Reporting Decrease

Outlook Uncertainty†

29.8

20.5

+9.3

14.7

12(+)

39.4

51.1

9.6

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

Production

34.7

40.1

–5.4

38.7

24(+)

44.5

45.8

9.8

Capacity Utilization

33.0

35.6

–2.6

35.5

24(+)

40.5

52.0

7.5

New Orders

16.2

39.6

–23.4

36.2

24(+)

30.3

55.6

14.1

Growth Rate of Orders

12.1

30.1

–18.0

26.9

24(+)

28.4

55.3

16.3

Unfilled Orders

4.3

4.2

+0.1

3.8

2(+)

18.1

68.1

13.8

Shipments

28.2

38.2

–10.0

37.1

24(+)

40.5

47.2

12.3

Delivery Time

1.5

8.5

–7.0

–1.1

8(+)

21.1

59.2

19.6

Finished Goods Inventories

9.1

7.5

+1.6

0.5

18(+)

20.5

68.2

11.4

Prices Paid for Raw Materials

51.1

58.0

–6.9

34.8

25(+)

59.1

33.0

8.0

Prices Received for Finished Goods

46.5

59.2

–12.7

21.0

24(+)

53.5

39.5

7.0

Wages and Benefits

58.5

64.8

–6.3

39.0

24(+)

58.5

41.5

0.0

Employment

38.7

38.0

+0.7

23.3

23(+)

43.7

51.3

5.0

Hours Worked

13.8

16.1

–2.3

9.5

24(+)

19.1

75.6

5.3

Capital Expenditures

21.8

35.8

–14.0

20.1

23(+)

33.0

55.8

11.2

General Business Conditions
Future (six months ahead)
IndicatorApr IndexMar IndexChangeSeries
Average
Trend**% Reporting Increase% Reporting No Change% Reporting Worsened

Company Outlook

7.6

10.4

–2.8

20.5

23(+)

25.2

57.2

17.6

General Business Activity

1.8

8.2

–6.4

14.7

23(+)

21.5

58.8

19.7

*Shown is the number of consecutive months of expansion or contraction in the underlying indicator. Expansion is indicated by a positive index reading and denoted by a (+) in the table. Contraction is indicated by a negative index reading and denoted by a (–) in the table.

**Shown is the number of consecutive months of improvement or worsening in the underlying indicator. Improvement is indicated by a positive index reading and denoted by a (+) in the table. Worsening is indicated by a negative index reading and denoted by a (–) in the table.

†Added to survey in January 2018.

Data have been seasonally adjusted as necessary, with the exception of the outlook uncertainty index, which does not yet have a sufficiently long time series to test for seasonality.

Questions regarding the Texas Manufacturing Outlook Survey can be addressed to Emily Kerr at emily.kerr@dal.frb.org.

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