Skip to content

Texas Service Sector Outlook Survey

June 25, 2019

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)
IndicatorJun IndexMay IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Decrease

Revenue

13.6

2.7

+10.9

Increasing

115

29.6

54.4

16.0

Employment

6.9

6.8

+0.1

Increasing

112

17.4

72.1

10.5

Part–Time Employment

3.5

1.9

+1.6

Increasing

5

7.7

88.1

4.2

Hours Worked

4.8

1.8

+3.0

Increasing

32

10.9

83.0

6.1

Wages and Benefits

16.9

19.0

–2.1

Increasing

121

20.1

76.7

3.2

Input Prices

25.8

23.7

+2.1

Increasing

122

28.7

68.5

2.9

Selling Prices

6.9

4.6

+2.3

Increasing

40

14.3

78.4

7.4

Capital Expenditures

16.6

11.9

+4.7

Increasing

118

21.3

73.9

4.7

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

Company Outlook

4.6

–2.3

+6.9

Improving

1

15.9

72.9

11.3

General Business Activity

3.2

–0.3

+3.5

Improving

1

16.8

69.6

13.6

IndicatorJun IndexMay IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Decrease

Outlook Uncertainty†

19.0

19.3

–0.3

Increasing

17

25.7

67.6

6.7

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

Revenue

37.2

27.7

+9.5

Increasing

124

46.7

43.9

9.5

Employment

24.6

16.9

+7.7

Increasing

123

32.6

59.4

8.0

Part–Time Employment

–1.4

1.9

–3.3

Decreasing

1

8.7

81.2

10.1

Hours Worked

2.8

1.9

+0.9

Increasing

34

9.2

84.4

6.4

Wages and Benefits

38.6

36.3

+2.3

Increasing

150

41.3

56.0

2.7

Input Prices

39.4

40.2

–0.8

Increasing

150

42.7

54.0

3.3

Selling Prices

23.4

22.2

+1.2

Increasing

122

30.5

62.4

7.1

Capital Expenditures

21.6

15.2

+6.4

Increasing

123

27.0

67.6

5.4

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

Company Outlook

11.9

4.1

+7.8

Improving

6

24.2

63.5

12.3

General Business Activity

9.0

0.7

+8.3

Improving

5

22.5

63.9

13.5

Texas Retail Outlook Survey

June 25, 2019

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

Sales

–6.8

–9.2

+2.4

Decreasing

2

20.3

52.6

27.1

Employment

–9.0

–3.8

–5.2

Decreasing

2

8.2

74.6

17.2

Part–Time Employment

0.0

2.0

–2.0

No Change

1

6.1

87.8

6.1

Hours Worked

–3.7

–7.8

+4.1

Decreasing

7

9.2

77.9

12.9

Wages and Benefits

6.5

16.6

–10.1

Increasing

100

15.5

75.5

9.0

Input Prices

7.7

7.3

+0.4

Increasing

41

17.9

71.9

10.2

Selling Prices

14.4

1.4

+13.0

Increasing

27

26.4

61.6

12.0

Capital Expenditures

6.0

3.8

+2.2

Increasing

5

14.0

78.0

8.0

Inventories

1.4

–6.6

+8.0

Increasing

1

18.2

65.0

16.8

Companywide Retail Activity

Companywide Sales

–7.5

–13.7

+6.2

Decreasing

2

17.0

58.5

24.5

Companywide Internet Sales

1.9

7.9

–6.0

Increasing

14

16.5

68.9

14.6

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

Company Outlook

–10.8

–20.4

+9.6

Worsening

7

10.0

69.2

20.8

General Business Activity

–9.3

–15.5

+6.2

Worsening

7

13.9

62.8

23.2

Outlook Uncertainty
Current (versus previous month)
IndicatorJun IndexMay IndexChangeIndicator Direction*Trend** (Months)% Reporting Increase% Reporting
No Change
% Reporting Decrease

Outlook Uncertainty†

26.0

34.6

–8.6

Increasing

13

34.0

58.0

8.0

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

Sales

15.0

–7.2

+22.2

Increasing

1

33.3

48.4

18.3

Employment

–5.2

–8.3

+3.1

Decreasing

2

14.5

65.7

19.7

Part–Time Employment

–8.9

–3.8

–5.1

Decreasing

2

6.6

77.9

15.5

Hours Worked

–8.2

–6.0

–2.2

Decreasing

8

10.5

70.8

18.7

Wages and Benefits

19.3

27.4

–8.1

Increasing

126

27.8

63.7

8.5

Input Prices

28.6

24.0

+4.6

Increasing

122

34.7

59.2

6.1

Selling Prices

30.6

21.1

+9.5

Increasing

122

40.8

49.0

10.2

Capital Expenditures

4.2

–5.9

+10.1

Increasing

1

14.6

75.0

10.4

Inventories

–10.9

–7.8

–3.1

Decreasing

2

15.2

58.7

26.1

Companywide Retail Activity

Companywide Sales

7.9

0.6

+7.3

Increasing

123

30.0

47.9

22.1

Companywide Internet Sales

10.0

5.3

+4.7

Increasing

35

22.5

65.0

12.5

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

Company Outlook

–4.5

–8.4

+3.9

Worsening

1

14.7

66.1

19.2

General Business Activity

–3.8

–15.6

+11.8

Worsening

2

17.4

61.4

21.2

*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.

†Added to survey in January 2018.

Data have been seasonally adjusted as necessary, with the exception of the outlook uncertainty index which does not yet have a sufficiently long time series to test for seasonality.

Questions regarding the Texas Service Sector Outlook Survey can be addressed to Christopher Slijk at christopher.slijk@dal.frb.org.

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