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Texas Service Sector Outlook Survey

Results Table

March 28, 2017

Report


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)
Indicator Mar Index Feb Index Change Indicator Direction* Trend** (Months) % Reporting Increase % Reporting
No Change
% Reporting Decrease

Revenue

15.2

14.1

+1.1

Increasing

88

30.1

55.0

14.9

Employment

8.1

5.9

+2.2

Increasing

85

15.6

76.9

7.5

Part–Time Employment

4.1

3.7

+0.4

Increasing

9

8.2

87.7

4.1

Hours Worked

6.5

6.9

–0.4

Increasing

5

11.6

83.2

5.1

Wages and Benefits

15.7

17.3

–1.6

Increasing

90

18.4

78.9

2.7

Input Prices

19.7

25.4

–5.7

Increasing

95

23.1

73.4

3.4

Selling Prices

3.1

5.2

–2.1

Increasing

13

10.3

82.5

7.2

Capital Expenditures

11.3

9.8

+1.5

Increasing

91

16.5

78.3

5.2

General Business Conditions
Current (versus previous month)
Indicator Index Feb Index Change Indicator Direction* Trend** (Months) % Reporting Improved % Reporting
No Change
% Reporting Worsened

Company Outlook

10.3

12.0

–1.7

Improving

9

18.8

72.8

8.5

General Business Activity

13.2

15.6

–2.4

Improving

7

21.8

69.7

8.6

Business Indicators Relating to Facilities and Products in Texas
Future (six months ahead)
Indicator Mar Index Feb Index Change Indicator Direction* Trend** (Months) % Reporting Increase % Reporting
No Change
% Reporting Decrease

Revenue

47.8

47.5

+0.3

Increasing

97

55.5

36.8

7.7

Employment

26.6

28.4

–1.8

Increasing

96

35.8

55.0

9.2

Part–Time Employment

12.5

13.0

–0.5

Increasing

57

18.0

76.5

5.5

Hours Worked

8.3

10.7

–2.4

Increasing

7

13.9

80.5

5.6

Wages and Benefits

38.5

42.4

–3.9

Increasing

123

41.7

55.1

3.2

Input Prices

42.3

44.8

–2.5

Increasing

123

43.7

54.9

1.4

Selling Prices

27.6

28.0

–0.4

Increasing

95

31.9

63.8

4.3

Capital Expenditures

25.1

26.5

–1.4

Increasing

96

29.6

65.8

4.5

General Business Conditions
Future (six months ahead)
Indicator Index Feb Index Change Indicator Direction* Trend** (Months) % Reporting Improved % Reporting
No Change
% Reporting Worsened

Company Outlook

28.4

29.6

–1.2

Improving

13

36.0

56.4

7.6

General Business Activity

22.3

31.5

–9.2

Improving

13

30.9

60.4

8.6

Texas Retail Outlook Survey

March 28, 2017

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)
Indicator Mar Index Feb Index Change Indicator Direction* Trend** (Months) % Reporting Increase % Reporting
No Change
% Reporting Decrease
Retail Activity in Texas

Sales

10.3

6.9

+3.4

Increasing

5

31.0

48.3

20.7

Employment

2.7

–3.7

+6.4

Increasing

1

7.6

87.5

4.9

Part–Time Employment

10.2

5.1

+5.1

Increasing

2

13.6

83.1

3.4

Hours Worked

–1.5

0.3

–1.8

Decreasing

1

6.1

86.3

7.6

Wages and Benefits

12.0

20.4

–8.4

Increasing

73

16.4

79.2

4.4

Input Prices

13.6

29.4

–15.8

Increasing

14

21.5

70.6

7.9

Selling Prices

–5.3

25.8

–31.1

Decreasing

1

11.6

71.5

16.9

Capital Expenditures

10.0

6.9

+3.1

Increasing

8

16.7

76.7

6.7

Inventories

10.1

15.1

–5.0

Increasing

6

29.8

50.5

19.7

Companywide Retail Activity

Companywide Sales

12.0

0.6

+11.4

Increasing

6

26.8

58.4

14.8

Companywide Internet Sales

24.3

11.1

+13.2

Increasing

2

30.2

63.9

5.9

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

Company Outlook

–1.3

13.1

–14.4

Worsening

1

10.6

77.5

11.9

General Business Activity

3.0

8.4

–5.4

Improving

5

15.2

72.6

12.2

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

Sales

28.6

44.1

–15.5

Increasing

97

41.5

45.5

12.9

Employment

7.5

19.4

–11.9

Increasing

25

18.3

70.9

10.8

Part–Time Employment

1.6

14.8

–13.2

Increasing

5

11.6

78.4

10.0

Hours Worked

0.8

5.0

–4.2

Increasing

5

10.3

80.2

9.5

Wages and Benefits

24.8

33.0

–8.2

Increasing

99

29.6

65.6

4.8

Input Prices

35.6

42.1

–6.5

Increasing

95

37.3

61.0

1.7

Selling Prices

20.7

35.7

–15.0

Increasing

95

29.3

62.1

8.6

Capital Expenditures

18.9

23.6

–4.7

Increasing

6

24.1

70.7

5.2

Inventories

10.6

18.4

–7.8

Increasing

5

27.8

55.0

17.2

Companywide Retail Activity

Companywide Sales

29.5

41.4

–11.9

Increasing

96

39.5

50.5

10.0

Companywide Internet Sales

35.1

34.2

+0.9

Increasing

8

37.8

59.5

2.7

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

Company Outlook

12.0

28.5

–16.5

Improving

4

22.1

67.8

10.1

General Business Activity

8.1

30.7

–22.6

Improving

7

21.8

64.5

13.7

*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.

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