Skip to content

Texas Service Sector Outlook Survey

August 27, 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)
IndicatorAug IndexJul IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease

Revenue

7.8

20.9

–13.1

12.1

117(+)

26.4

55.0

18.6

Employment

10.2

8.7

+1.5

6.7

114(+)

18.0

74.2

7.8

Part–Time Employment

3.7

3.7

0.0

1.8

7(+)

8.7

86.3

5.0

Hours Worked

8.2

7.6

+0.6

2.8

34(+)

11.4

85.4

3.2

Wages and Benefits

20.0

19.2

+0.8

14.6

123(+)

22.1

75.8

2.1

Input Prices

23.8

22.5

+1.3

25.4

124(+)

27.6

68.6

3.8

Selling Prices

1.5

5.8

–4.3

5.5

42(+)

12.5

76.5

11.0

Capital Expenditures

17.4

7.9

+9.5

10.8

120(+)

22.4

72.6

5.0

General Business Conditions
Current (versus previous month)
IndicatorAug IndexJul IndexChangeSeries
Average
Trend**% Reporting Improved% Reporting
No Change
% Reporting Worsened

Company Outlook

–2.5

3.6

–6.1

6.1

1(–)

13.7

70.1

16.2

General Business Activity

0.2

4.7

–4.5

3.9

3(+)

16.2

67.8

16.0

IndicatorAug IndexJul IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease

Outlook Uncertainty†

19.6

16.3

+3.3

11.4

19(+)

29.9

59.9

10.3

Business Indicators Relating to Facilities and Products in Texas
Future (six months ahead)
IndicatorAug IndexJul IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease

Revenue

31.3

40.8

–9.5

37.9

126(+)

45.8

39.8

14.5

Employment

24.3

25.2

–0.9

22.2

125(+)

31.4

61.5

7.1

Part–Time Employment

0.6

0.9

–0.3

6.7

2(+)

9.8

81.0

9.2

Hours Worked

5.1

3.6

+1.5

5.4

36(+)

9.4

86.3

4.3

Wages and Benefits

39.5

37.1

+2.4

36.4

152(+)

42.0

55.5

2.5

Input Prices

40.5

33.5

+7.0

44.6

152(+)

44.3

51.9

3.8

Selling Prices

20.0

20.5

–0.5

23.4

124(+)

29.7

60.6

9.7

Capital Expenditures

18.4

19.4

–1.0

24.2

125(+)

26.9

64.7

8.5

General Business Conditions
Future (six months ahead)
IndicatorAug IndexJul IndexChangeSeries
Average
Trend**% Reporting Improved% Reporting
No Change
% Reporting Worsened

Company Outlook

4.6

13.4

–8.8

17.1

8(+)

22.1

60.4

17.5

General Business Activity

–4.0

10.7

–14.7

13.8

1(–)

17.3

61.4

21.3

Texas Retail Outlook Survey

August 27, 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)
IndicatorAug IndexJul IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease
Retail Activity in Texas

Sales

–0.2

0.6

–0.8

6.8

1(–)

20.4

59.0

20.6

Employment

–5.6

0.7

–6.3

2.4

1(–)

4.4

85.6

10.0

Part–Time Employment

0.0

0.0

0.0

–1.7

3()

5.9

88.2

5.9

Hours Worked

–2.9

1.7

–4.6

–1.2

1(–)

2.6

91.9

5.5

Wages and Benefits

13.5

12.1

+1.4

9.7

102(+)

20.2

73.1

6.7

Input Prices

18.8

7.8

+11.0

19.1

43(+)

24.2

70.4

5.4

Selling Prices

16.8

5.8

+11.0

10.2

29(+)

22.1

72.6

5.3

Capital Expenditures

13.2

1.9

+11.3

9.6

7(+)

17.0

79.2

3.8

Inventories

5.5

7.3

–1.8

4.0

3(+)

23.4

58.7

17.9

Companywide Retail Activity

Companywide Sales

2.1

6.7

–4.6

8.5

2(+)

19.6

62.9

17.5

Companywide Internet Sales

4.2

26.8

–22.6

7.0

16(+)

14.6

75.0

10.4

General Business Conditions, Retail
Current (versus previous month)
IndicatorAug IndexJul IndexChangeSeries
Average
Trend**% Reporting Improved% Reporting
No Change
% Reporting Worsened

Company Outlook

–13.8

–7.9

–5.9

4.4

9(–)

6.2

73.8

20.0

General Business Activity

–8.9

–7.7

–1.2

–0.1

9(–)

11.1

68.9

20.0

Outlook Uncertainty
Current (versus previous month)
IndicatorAug IndexJul IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease

Outlook Uncertainty†

21.1

5.6

+15.5

10.2

15(+)

26.9

67.3

5.8

Business Indicators Relating to Facilities and Products in Texas, Retail
Future (six months ahead)
IndicatorAug IndexJul IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease
Retail Activity in Texas

Sales

13.0

38.3

–25.3

33.0

3(+)

33.2

46.7

20.2

Employment

–2.3

12.4

–14.7

12.7

1(–)

13.1

71.5

15.4

Part–Time Employment

–3.0

1.5

–4.5

0.6

1(–)

6.4

84.2

9.4

Hours Worked

–2.4

–0.4

–2.0

2.8

10(–)

6.9

83.8

9.3

Wages and Benefits

32.3

24.8

+7.5

27.3

128(+)

36.0

60.3

3.7

Input Prices

39.2

26.5

+12.7

33.2

124(+)

43.1

52.9

3.9

Selling Prices

29.4

23.1

+6.3

29.1

124(+)

39.2

51.0

9.8

Capital Expenditures

8.0

1.9

+6.1

18.7

3(+)

16.0

76.0

8.0

Inventories

–6.9

–5.9

–1.0

8.7

4(–)

19.4

54.3

26.3

Companywide Retail Activity

Companywide Sales

4.9

27.6

–22.7

31.4

125(+)

26.0

52.9

21.1

Companywide Internet Sales

11.1

19.5

–8.4

22.0

37(+)

19.4

72.2

8.3

General Business Conditions, Retail
Future (six months ahead)
IndicatorAug IndexJul IndexChangeSeries
Average
Trend**% Reporting Improved% Reporting
No Change
% Reporting Worsened

Company Outlook

–12.4

10.9

–23.3

17.6

1(–)

10.5

66.6

22.9

General Business Activity

–14.6

0.1

–14.7

13.4

1(–)

10.2

65.0

24.8

*Shown is the number of consecutive months of expansion or contraction in the underlying indicator. Expansion is indicated by a positive index reading and denoted by a (+) in the table. Contraction is indicated by a negative index reading and denoted by a (–) in the table.

**Shown is the number of consecutive months of improvement or worsening in the underlying indicator. Improvement is indicated by a positive index reading and denoted by a (+) in the table. Worsening is indicated by a negative index reading and denoted by a (–) in the table.

†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.