Skip to main content
News and EventsCareers
HomeEconomySurveysTexas Service Sector Outlook SurveyTexas Service Sector Growth Rebounds in September
Surveys

Texas Service Sector Outlook Survey

September 29, 2020

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)
IndicatorSep IndexAug IndexChangeSeries
Average		Trend*% Reporting Increase% Reporting
No Change		% Reporting Decrease

Revenue

14.0

1.5

+12.5

10.8

2(+)

33.4

47.2

19.4

Employment

2.7

–0.3

+3.0

6.0

1(+)

12.0

78.7

9.3

Part–Time Employment

3.7

0.1

+3.6

1.2

2(+)

7.8

88.1

4.1

Hours Worked

6.6

–1.0

+7.6

2.2

1(+)

11.9

82.8

5.3

Wages and Benefits

7.1

4.9

+2.2

13.9

4(+)

12.5

82.1

5.4

Input Prices

19.4

22.2

–2.8

24.9

5(+)

24.4

70.5

5.0

Selling Prices

2.2

4.4

–2.2

5.0

2(+)

10.4

81.4

8.2

Capital Expenditures

4.9

–0.5

+5.4

9.7

1(+)

14.3

76.3

9.4

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

Company Outlook

9.7

5.6

+4.1

4.8

2(+)

21.1

67.5

11.4

General Business Activity

11.5

4.7

+6.8

2.6

2(+)

26.6

58.3

15.1

IndicatorSep IndexAug IndexChangeSeries
Average		Trend*% Reporting Increase% Reporting
No Change		% Reporting Decrease

Outlook Uncertainty†

0.0

5.7

–5.7

13.1

1()

16.3

67.4

16.3

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

Revenue

31.9

35.5

–3.6

36.6

5(+)

50.7

30.5

18.8

Employment

19.5

21.9

–2.4

21.5

5(+)

32.5

54.5

13.0

Part–Time Employment

4.8

1.8

+3.0

6.3

2(+)

14.1

76.6

9.3

Hours Worked

9.0

7.2

+1.8

5.4

5(+)

15.4

78.2

6.4

Wages and Benefits

27.2

23.8

+3.4

35.6

5(+)

33.3

60.7

6.1

Input Prices

30.2

32.0

–1.8

43.5

165(+)

35.3

59.6

5.1

Selling Prices

14.5

13.8

+0.7

22.6

5(+)

24.3

65.9

9.8

Capital Expenditures

11.5

17.3

–5.8

23.0

4(+)

23.6

64.3

12.1

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

Company Outlook

20.8

21.9

–1.1

15.9

2(+)

34.3

52.2

13.5

General Business Activity

18.9

19.2

–0.3

12.6

2(+)

35.2

48.4

16.3

Texas Retail Outlook Survey

September 29, 2020

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)
IndicatorSep IndexAug IndexChangeSeries
Average		Trend*% Reporting Increase% Reporting
No Change		% Reporting Decrease
Retail Activity in Texas

Sales

20.8

–9.9

+30.7

5.7

1(+)

36.4

47.9

15.6

Employment

2.3

1.4

+0.9

1.7

2(+)

8.1

86.1

5.8

Part–Time Employment

1.7

–1.9

+3.6

–2.2

1(+)

7.1

87.5

5.4

Hours Worked

3.1

–13.9

+17.0

–2.1

1(+)

7.5

88.1

4.4

Wages and Benefits

7.3

0.9

+6.4

9.1

2(+)

11.9

83.5

4.6

Input Prices

26.3

16.0

+10.3

18.7

5(+)

30.4

65.5

4.1

Selling Prices

22.6

14.3

+8.3

9.9

4(+)

27.7

67.2

5.1

Capital Expenditures

–2.8

–2.8

0.0

7.5

7(–)

6.4

84.4

9.2

Inventories

–4.1

–8.7

+4.6

2.4

8(–)

20.0

55.9

24.1

Companywide Retail Activity

Companywide Sales

6.6

–4.5

+11.1

7.0

1(+)

30.6

45.5

24.0

Companywide Internet Sales

6.3

0.4

+5.9

6.2

2(+)

18.4

69.5

12.1

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

Company Outlook

8.9

9.6

–0.7

3.2

2(+)

21.3

66.3

12.4

General Business Activity

10.3

4.2

+6.1

–1.1

2(+)

23.9

62.5

13.6

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

Outlook Uncertainty†

0.0

7.2

–7.2

10.5

1()

10.5

78.9

10.5

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

Sales

42.7

34.9

+7.8

31.9

5(+)

57.4

27.9

14.7

Employment

18.6

19.5

–0.9

11.8

5(+)

26.5

65.6

7.9

Part–Time Employment

5.0

–0.4

+5.4

0.5

1(+)

13.2

78.6

8.2

Hours Worked

7.3

1.9

+5.4

2.6

5(+)

12.2

82.9

4.9

Wages and Benefits

24.8

18.3

+6.5

26.8

5(+)

28.7

67.4

3.9

Input Prices

32.7

20.7

+12.0

32.4

5(+)

38.2

56.4

5.5

Selling Prices

34.0

21.2

+12.8

28.5

5(+)

42.9

48.2

8.9

Capital Expenditures

21.8

13.4

+8.4

16.9

4(+)

29.1

63.6

7.3

Inventories

33.5

26.3

+7.2

8.2

5(+)

47.5

38.5

14.0

Companywide Retail Activity

Companywide Sales

38.0

38.9

–0.9

30.4

5(+)

51.9

34.2

13.9

Companywide Internet Sales

36.4

25.0

+11.4

21.7

6(+)

43.2

50.0

6.8

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

Company Outlook

27.3

28.6

–1.3

16.7

5(+)

41.3

44.7

14.0

General Business Activity

24.8

28.1

–3.3

12.4

2(+)

37.5

49.7

12.7

*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.