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Surveys

Texas Manufacturing Outlook Survey

Texas Manufacturing Outlook Survey
September 30, 2024

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)
IndicatorSep IndexAug IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting No Change% Reporting Decrease

Production

–3.2

1.6

–4.8

9.7

1(–)

22.6

51.6

25.8

Capacity Utilization

–7.0

–2.5

–4.5

7.7

5(–)

18.9

55.2

25.9

New Orders

–5.2

–4.2

–1.0

5.0

7(–)

23.6

47.6

28.8

Growth Rate of Orders

–8.6

–5.1

–3.5

–0.7

5(–)

20.9

49.6

29.5

Unfilled Orders

–18.0

1.0

–19.0

–2.3

1(–)

5.7

70.6

23.7

Shipments

–7.0

0.8

–7.8

8.0

1(–)

20.9

51.2

27.9

Delivery Time

–7.5

–1.0

–6.5

0.8

18(–)

9.2

74.1

16.7

Finished Goods Inventories

–3.7

6.1

–9.8

–3.1

1(–)

18.3

59.8

22.0

Prices Paid for Raw Materials

18.2

28.2

–10.0

27.1

53(+)

23.3

71.6

5.1

Prices Received for Finished Goods

8.4

8.5

–0.1

8.6

10(+)

17.5

73.4

9.1

Wages and Benefits

18.5

22.0

–3.5

21.2

53(+)

18.8

80.9

0.3

Employment

2.9

–0.7

+3.6

7.5

1(+)

19.8

63.3

16.9

Hours Worked

–2.5

–2.6

+0.1

3.2

12(–)

12.0

73.5

14.5

Capital Expenditures

11.9

15.7

–3.8

6.6

12(+)

21.6

68.7

9.7

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

Company Outlook

–6.4

–9.6

+3.2

4.4

31(–)

10.6

72.4

17.0

General Business Activity

–9.0

–9.7

+0.7

0.7

29(–)

9.9

71.2

18.9

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

Outlook Uncertainty

17.3

7.5

+9.8

17.1

41(+)

24.7

67.9

7.4

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

Production

35.2

33.7

+1.5

36.2

53(+)

42.3

50.6

7.1

Capacity Utilization

35.3

32.9

+2.4

33.1

53(+)

40.5

54.3

5.2

New Orders

33.3

30.7

+2.6

33.6

23(+)

40.3

52.7

7.0

Growth Rate of Orders

28.9

17.7

+11.2

24.8

16(+)

34.2

60.5

5.3

Unfilled Orders

1.7

7.0

–5.3

2.8

2(+)

10.1

81.5

8.4

Shipments

28.8

30.1

–1.3

34.6

53(+)

38.0

52.8

9.2

Delivery Time

10.7

4.5

+6.2

–1.4

3(+)

16.9

76.9

6.2

Finished Goods Inventories

–5.0

3.9

–8.9

–0.1

1(–)

11.3

72.5

16.3

Prices Paid for Raw Materials

26.5

25.2

+1.3

33.3

54(+)

31.2

64.1

4.7

Prices Received for Finished Goods

17.5

21.2

–3.7

20.8

53(+)

21.3

75.0

3.8

Wages and Benefits

41.9

38.1

+3.8

39.3

244(+)

42.1

57.7

0.2

Employment

19.0

22.0

–3.0

22.8

52(+)

26.3

66.4

7.3

Hours Worked

4.1

9.2

–5.1

8.8

6(+)

12.4

79.3

8.3

Capital Expenditures

23.3

20.0

+3.3

19.4

52(+)

30.2

62.9

6.9

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

Company Outlook

11.1

18.5

–7.4

18.2

10(+)

22.7

65.7

11.6

General Business Activity

11.4

11.6

–0.2

12.2

4(+)

24.6

62.2

13.2

*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.

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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