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Texas Service Sector Outlook Survey

Results Table

May 31, 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 May Index Apr Index Change Indicator Direction* Trend** (Months) % Reporting Increase % Reporting
No Change
% Reporting Decrease

Revenue

15.9

12.1

+3.8

Increasing

90

32.5

50.9

16.6

Employment

7.7

4.5

+3.2

Increasing

87

16.0

75.7

8.3

Part‐Time Employment

5.7

3.0

+2.7

Increasing

11

10.4

84.9

4.7

Hours Worked

2.1

3.5

–1.4

Increasing

7

9.4

83.3

7.3

Wages and Benefits

16.9

15.5

+1.4

Increasing

92

19.0

78.9

2.1

Input Prices

25.5

26.9

–1.4

Increasing

97

27.5

70.5

2.0

Selling Prices

8.1

7.2

+0.9

Increasing

15

11.3

85.5

3.2

Capital Expenditures

20.9

13.2

+7.7

Increasing

93

23.8

73.4

2.9

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

Company Outlook

7.1

10.9

–3.8

Improving

11

18.7

69.7

11.6

General Business Activity

7.7

9.0

–1.3

Improving

9

19.6

68.6

11.9

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

Revenue

47.0

47.3

–0.3

Increasing

99

54.6

37.7

7.6

Employment

21.7

24.5

–2.8

Increasing

98

31.6

58.6

9.9

Part–Time Employment

8.3

8.9

–0.6

Increasing

59

14.0

80.3

5.7

Hours Worked

6.1

11.6

–5.5

Increasing

9

9.8

86.5

3.7

Wages and Benefits

43.0

42.3

+0.7

Increasing

125

45.4

52.2

2.4

Input Prices

45.5

46.5

–1.0

Increasing

125

47.8

50.0

2.3

Selling Prices

28.7

25.0

+3.7

Increasing

97

34.2

60.3

5.5

Capital Expenditures

23.5

27.0

–3.5

Increasing

98

29.8

63.9

6.3

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

Company Outlook

23.2

25.3

–2.1

Improving

15

35.3

52.7

12.1

General Business Activity

18.9

20.6

–1.7

Improving

15

29.8

59.3

10.9

Texas Retail Outlook Survey

May 31, 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)
IndicatorMay IndexApr IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Decrease
Retail Activity in Texas

Sales

10.1

13.7

–3.6

Increasing

7

30.4

49.2

20.3

Employment

–3.0

3.0

–6.0

Decreasing

1

5.9

85.2

8.9

Part–Time Employment

9.8

8.5

+1.3

Increasing

4

13.1

83.6

3.3

Hours Worked

–1.7

0.5

–2.2

Decreasing

1

9.9

78.5

11.6

Wages and Benefits

11.7

9.4

+2.3

Increasing

75

17.9

75.9

6.2

Input Prices

17.3

24.3

–7.0

Increasing

16

22.9

71.5

5.6

Selling Prices

7.8

–0.8

+8.6

Increasing

1

17.6

72.6

9.8

Capital Expenditures

11.3

11.4

–0.1

Increasing

10

19.4

72.6

8.1

Inventories

2.6

6.2

–3.6

Increasing

8

20.1

62.4

17.5

Companywide Retail Activity

Companywide Sales

13.1

11.7

+1.4

Increasing

8

32.8

47.6

19.7

Companywide Internet Sales

13.3

12.1

+1.2

Increasing

4

20.2

72.9

6.9

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

Company Outlook

0.8

9.4

–8.6

Improving

2

17.0

66.8

16.2

General Business Activity

–2.6

2.6

–5.2

Worsening

1

13.1

71.2

15.7

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

Sales

31.3

34.9

–3.6

Increasing

99

47.4

36.4

16.1

Employment

–4.6

4.9

–9.5

Decreasing

1

14.0

67.4

18.6

Part‐Time Employment

1.1

0.1

+1.0

Increasing

7

12.3

76.5

11.2

Hours Worked

–5.0

6.7

–11.7

Decreasing

1

7.3

80.4

12.3

Wages and Benefits

27.1

29.7

–2.6

Increasing

101

32.0

63.0

4.9

Input Prices

36.1

32.8

+3.3

Increasing

97

44.3

47.5

8.2

Selling Prices

29.5

13.8

+15.7

Increasing

97

39.3

50.8

9.8

Capital Expenditures

9.8

14.3

–4.5

Increasing

8

26.2

57.4

16.4

Inventories

9.5

15.0

–5.5

Increasing

7

27.2

55.1

17.7

Companywide Retail Activity

Companywide Sales

35.2

32.9

+2.3

Increasing

98

46.2

42.8

11.0

Companywide Internet Sales

11.4

18.9

–7.5

Increasing

10

20.5

70.5

9.1

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

Company Outlook

11.2

16.3

–5.1

Improving

6

29.9

51.4

18.7

General Business Activity

5.4

9.9

–4.5

Improving

9

23.8

57.8

18.4

*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.

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