Skip to content

Texas Service Sector Activity Expands at a Slower Pace

Texas Service Sector Outlook Survey


Click on links in the table for greater details. Historical data are available from January 2007 to the most current release month.

Business Indicators Relating to Facilities and Products in Texas
Current (versus previous month)
IndicatorJan IndexDec IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Decrease

Revenue

16.2

21.3

–5.1

Increasing

86

32.0

52.2

15.8

Employment

4.8

6.9

–2.1

Increasing

83

14.5

75.7

9.7

Part–Time Employment

2.9

0.8

+2.1

Increasing

7

8.4

86.2

5.5

Hours Worked

4.8

4.5

+0.3

Increasing

3

9.4

86.0

4.6

Wages and Benefits

17.7

18.5

–0.8

Increasing

88

20.9

75.9

3.2

Input Prices

23.4

29.9

–6.5

Increasing

93

27.1

69.3

3.7

Selling Prices

12.5

12.5

0.0

Increasing

11

17.7

77.2

5.2

Capital Expenditures

10.9

10.4

+0.5

Increasing

89

18.2

74.4

7.3

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

Company Outlook

17.9

20.8

–2.9

Improving

7

26.9

64.1

9.0

General Business Activity

21.2

19.2

+2.0

Improving

5

28.2

64.9

7.0

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

Revenue

52.3

56.5

–4.2

Increasing

95

61.0

30.3

8.7

Employment

27.3

31.6

–4.3

Increasing

94

37.9

51.4

10.6

Part–Time Employment

11.2

10.8

+0.4

Increasing

55

17.6

76.0

6.4

Hours Worked

13.3

8.3

+5.0

Increasing

5

16.1

81.1

2.8

Wages and Benefits

44.2

43.6

+0.6

Increasing

121

46.2

51.9

2.0

Input Prices

46.5

53.9

–7.4

Increasing

121

48.4

49.7

1.9

Selling Prices

36.0

35.6

+0.4

Increasing

93

39.9

56.2

3.9

Capital Expenditures

29.2

30.5

–1.3

Increasing

94

35.9

57.4

6.7

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

Company Outlook

33.0

40.3

–7.3

Improving

11

39.9

53.2

6.9

General Business Activity

36.2

41.2

–5.0

Improving

11

40.4

55.4

4.2

Texas Retail Outlook Survey


Click on links in the table for greater details. Historical data are available from January 2007 to the most current release month.

Business Indicators Relating to Facilities and Products in Texas
Retail (versus previous month)
IndicatorJan IndexDec IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Decrease
Retail Activity in Texas

Sales

7.4

19.8

–12.4

Increasing

3

31.2

45.0

23.8

Employment

–3.2

10.4

–13.6

Decreasing

1

10.6

75.5

13.8

Part–Time Employment

–3.6

–1.6

–2.0

Decreasing

3

7.3

81.8

10.9

Hours Worked

0.3

3.9

–3.6

Increasing

2

7.4

85.5

7.1

Wages and Benefits

24.0

16.8

+7.2

Increasing

71

30.2

63.5

6.2

Input Prices

15.3

28.6

–13.3

Increasing

12

24.2

66.8

8.9

Selling Prices

14.6

10.0

+4.6

Increasing

11

23.7

67.1

9.1

Capital Expenditures

7.0

10.9

–3.9

Increasing

6

14.0

78.9

7.0

Inventories

12.8

2.6

+10.2

Increasing

4

31.5

49.8

18.7

Companywide Retail Activity

Companywide Sales

8.7

28.5

–19.8

Increasing

4

30.9

46.8

22.2

Companywide Internet Sales

–7.9

22.8

–30.7

Decreasing

1

11.2

69.7

19.1

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

Company Outlook

16.0

22.6

–6.6

Improving

3

25.7

64.6

9.7

General Business Activity

21.8

16.4

+5.4

Improving

3

29.4

63.1

7.6

Business Indicators Relating to Facilities and Products in Texas, Retail
Future (six months ahead)
IndicatorJan IndexDec IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Decrease
Retail Activity in Texas

Sales

45.4

49.5

–4.1

Increasing

95

56.1

33.2

10.7

Employment

14.5

25.4

–10.9

Increasing

23

25.6

63.3

11.1

Part–Time Employment

8.6

13.6

–5.0

Increasing

3

16.3

76.0

7.7

Hours Worked

5.8

12.3

–6.5

Increasing

3

12.3

81.3

6.5

Wages and Benefits

33.1

40.1

–7.0

Increasing

97

35.6

61.9

2.5

Input Prices

41.8

50.0

–8.2

Increasing

93

47.3

47.3

5.5

Selling Prices

41.8

44.3

–2.5

Increasing

93

47.3

47.3

5.5

Capital Expenditures**

25.4

24.6

+0.8

Increasing

4

34.5

56.4

9.1

Inventories

14.2

12.7

+1.5

Increasing

3

31.6

51.0

17.4

Companywide Retail Activity

Companywide Sales

43.9

50.3

–6.4

Increasing

94

50.2

43.5

6.3

Companywide Internet Sales

37.1

32.6

+4.5

Increasing

6

40.0

57.1

2.9

General Business Conditions, Retail
Future (six months ahead)
IndicatorIndexDec IndexChangeIndicator Direction*Trend** (Months)% Reporting Improved% Reporting
No Change
% Reporting Worsened

Company Outlook

29.9

42.9

–13.0

Improving

2

36.4

57.1

6.5

General Business Activity

40.2

43.3

–3.1

Improving

5

43.6

53.0

3.4

*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 Service Sector Outlook Survey can be addressed to Amy Jordan at amy.jordan@dal.frb.org.

Sign up for our free e-mail alert to be automatically notified as soon as the latest Texas Service Sector Outlook Survey is released on the web.