Skip to content

Texas Service Sector Outlook Survey

April 27, 2021

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)
IndicatorApr IndexMar IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease

Revenue

26.1

21.6

+4.5

10.8

9(+)

39.1

48.0

13.0

Employment

16.8

13.1

+3.7

6.0

9(+)

22.4

72.0

5.6

Part–Time Employment

6.6

4.6

+2.0

1.2

5(+)

11.6

83.4

5.0

Hours Worked

13.4

8.3

+5.1

2.3

8(+)

17.5

78.4

4.1

Wages and Benefits

21.5

19.9

+1.6

13.9

11(+)

23.4

74.7

1.9

Input Prices

34.3

26.5

+7.8

24.9

12(+)

35.7

62.9

1.4

Selling Prices

18.6

12.1

+6.5

5.2

9(+)

23.0

72.6

4.4

Capital Expenditures

10.5

9.4

+1.1

9.5

8(+)

16.6

77.3

6.1

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

Company Outlook

29.2

26.1

+3.1

5.1

9(+)

35.4

58.4

6.2

General Business Activity

34.9

28.9

+6.0

3.0

3(+)

42.5

49.8

7.6

IndicatorApr IndexMar IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease

Outlook Uncertainty†

–10.4

–10.0

–0.4

11.3

2(–)

14.3

61.0

24.7

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

Revenue

58.5

55.0

+3.5

37.0

12(+)

65.0

28.5

6.5

Employment

41.6

35.2

+6.4

21.8

12(+)

46.7

48.2

5.1

Part–Time Employment

15.0

14.3

+0.7

6.4

11(+)

19.1

76.8

4.1

Hours Worked

17.2

14.3

+2.9

5.6

12(+)

20.7

75.8

3.5

Wages and Benefits

46.1

43.8

+2.3

35.7

12(+)

47.9

50.3

1.8

Input Prices

46.4

42.7

+3.7

43.3

172(+)

48.7

48.8

2.3

Selling Prices

32.2

31.1

+1.1

22.8

12(+)

36.7

58.8

4.5

Capital Expenditures

29.4

32.6

–3.2

23.1

11(+)

32.8

63.7

3.4

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

Company Outlook

41.1

40.6

+0.5

16.4

9(+)

47.0

47.1

5.9

General Business Activity

45.6

42.4

+3.2

13.4

9(+)

51.5

42.6

5.9


Texas Retail Outlook Survey

April 27, 2021

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)
IndicatorApr IndexMar IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease
Retail Activity in Texas

Sales

9.7

19.6

–9.9

5.7

2(+)

34.9

39.9

25.2

Employment

10.9

4.7

+6.2

1.7

2(+)

15.2

80.5

4.3

Part–Time Employment

3.9

6.0

–2.1

–2.0

2(+)

10.3

83.3

6.4

Hours Worked

5.7

0.9

+4.8

–2.0

2(+)

13.0

79.7

7.3

Wages and Benefits

17.1

21.9

–4.8

9.2

9(+)

22.1

72.9

5.0

Input Prices

48.4

34.3

+14.1

19.3

12(+)

50.8

46.8

2.4

Selling Prices

40.4

33.9

+6.5

10.7

11(+)

46.8

46.7

6.4

Capital Expenditures

2.8

15.2

–12.4

7.3

3(+)

9.3

84.2

6.5

Inventories

–14.8

–14.8

0.0

2.2

2(–)

18.1

49.0

32.9

Companywide Retail Activity

Companywide Sales

8.0

19.7

–11.7

7.0

2(+)

34.7

38.6

26.7

Companywide Internet Sales

2.5

13.9

–11.4

6.1

2(+)

18.1

66.3

15.6

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

Company Outlook

17.8

34.9

–17.1

3.5

2(+)

28.9

60.0

11.1

General Business Activity

27.8

35.2

–7.4

–0.6

2(+)

39.1

49.6

11.3

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

Outlook Uncertainty†

4.1

–9.3

+13.4

9.2

1(+)

20.4

63.3

16.3

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

Sales

46.9

46.4

+0.5

32.1

12(+)

57.8

31.3

10.9

Employment

33.6

32.5

+1.1

12.1

12(+)

37.2

59.2

3.6

Part–Time Employment

15.9

16.1

–0.2

0.9

9(+)

19.0

77.9

3.1

Hours Worked

11.7

9.3

+2.4

2.7

12(+)

15.5

80.7

3.8

Wages and Benefits

41.4

42.7

–1.3

27.3

12(+)

44.2

53.0

2.8

Input Prices

59.6

49.0

+10.6

32.9

12(+)

61.7

36.2

2.1

Selling Prices

48.9

43.4

+5.5

28.9

12(+)

53.2

42.6

4.3

Capital Expenditures

34.0

34.7

–0.7

17.2

11(+)

38.3

57.4

4.3

Inventories

41.5

40.3

+1.2

9.2

12(+)

50.5

40.5

9.0

Companywide Retail Activity

Companywide Sales

41.8

51.0

–9.2

30.6

12(+)

50.9

40.0

9.1

Companywide Internet Sales

33.3

47.5

–14.2

22.1

13(+)

39.4

54.5

6.1

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

Company Outlook

32.6

48.1

–15.5

17.2

12(+)

40.7

51.2

8.1

General Business Activity

42.0

40.8

+1.2

13.0

9(+)

49.2

43.5

7.2

*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.