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Texas Service Sector Outlook Survey

November 28, 2017

Results Table

Report


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)
IndicatorNov IndexOct IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Decrease

Revenue

24.4

19.2

+5.2

Increasing

96

36.0

52.4

11.6

Employment

9.8

8.3

+1.5

Increasing

93

17.6

74.6

7.8

Part–Time Employment

4.8

4.1

+0.7

Increasing

17

10.6

83.6

5.8

Hours Worked

7.9

7.8

+0.1

Increasing

13

13.0

81.9

5.1

Wages and Benefits

19.1

16.9

+2.2

Increasing

98

21.7

75.8

2.6

Input Prices

30.8

28.6

+2.2

Increasing

103

31.4

68.0

0.6

Selling Prices

7.2

10.2

–3.0

Increasing

21

15.2

76.8

8.0

Capital Expenditures

14.8

19.4

–4.6

Increasing

99

18.6

77.6

3.8

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

Company Outlook

14.2

16.4

–2.2

Improving

17

23.4

67.4

9.2

General Business Activity

20.4

18.6

+1.8

Improving

15

25.9

68.6

5.5

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

Revenue

48.9

47.9

+1.0

Increasing

105

57.6

33.7

8.7

Employment

30.5

29.4

+1.1

Increasing

104

36.0

58.6

5.5

Part–Time Employment

12.9

15.0

–2.1

Increasing

65

18.0

76.9

5.1

Hours Worked

8.5

9.4

–0.9

Increasing

15

12.9

82.7

4.4

Wages and Benefits

43.8

43.8

0.0

Increasing

131

46.2

51.4

2.4

Input Prices

49.6

45.6

+4.0

Increasing

131

51.1

47.4

1.5

Selling Prices

30.1

27.9

+2.2

Increasing

103

35.1

59.9

5.0

Capital Expenditures

28.6

30.4

–1.8

Increasing

104

34.3

60.0

5.7

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

Company Outlook

32.0

32.4

–0.4

Improving

21

38.8

54.4

6.8

General Business Activity

33.0

30.5

+2.5

Improving

21

36.1

60.9

3.1

Texas Retail Outlook Survey

November 28, 2017

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)
IndicatorNov IndexOct IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Decrease
Retail Activity in Texas

Sales

30.4

17.7

+12.7

Increasing

4

38.2

54.0

7.8

Employment

2.0

8.0

–6.0

Increasing

3

6.4

89.2

4.4

Part–Time Employment

7.1

3.7

+3.4

Increasing

2

12.5

82.1

5.4

Hours Worked

5.6

7.5

–1.9

Increasing

5

12.0

81.6

6.4

Wages and Benefits

16.0

18.5

–2.5

Increasing

81

18.2

79.6

2.2

Input Prices

31.1

32.2

–1.1

Increasing

22

31.1

68.9

0.0

Selling Prices

26.1

23.8

+2.3

Increasing

7

29.6

66.9

3.5

Capital Expenditures

12.3

25.0

–12.7

Increasing

16

15.8

80.7

3.5

Inventories

4.6

6.0

–1.4

Increasing

14

18.7

67.2

14.1

Companywide Retail Activity

Companywide Sales

22.1

12.9

+9.2

Increasing

4

31.3

59.5

9.2

Companywide Internet Sales

12.1

10.9

+1.2

Increasing

10

19.5

73.1

7.4

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

Company Outlook

24.6

19.6

+5.0

Improving

4

29.2

66.2

4.6

General Business Activity

25.4

22.0

+3.4

Improving

6

26.6

72.2

1.2

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

Sales

30.8

46.8

–16.0

Increasing

105

39.7

51.4

8.9

Employment

16.8

23.7

–6.9

Increasing

6

20.1

76.6

3.3

Part–Time Employment

8.2

12.7

–4.5

Increasing

3

9.9

88.4

1.7

Hours Worked

4.5

7.9

–3.4

Increasing

4

6.8

90.9

2.3

Wages and Benefits

27.8

35.2

–7.4

Increasing

107

27.8

72.2

0.0

Input Prices

33.9

36.4

–2.5

Increasing

103

37.5

58.9

3.6

Selling Prices

35.7

33.9

+1.8

Increasing

103

37.5

60.7

1.8

Capital Expenditures

17.8

29.1

–11.3

Increasing

14

23.2

71.4

5.4

Inventories

13.3

10.2

+3.1

Increasing

13

25.3

62.7

12.0

Companywide Retail Activity

Companywide Sales

16.6

48.8

–32.2

Increasing

104

23.3

70.0

6.7

Companywide Internet Sales

17.1

23.0

–5.9

Increasing

16

22.0

73.2

4.9

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

Company Outlook

24.6

25.5

–0.9

Improving

12

28.0

68.6

3.4

General Business Activity

21.4

26.7

–5.3

Improving

15

25.7

70.0

4.3

*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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