Texas Service Sector Outlook Survey
Results Table
| Business Indicators Relating to Facilities and Products in Texas Current (versus previous month) | ||||||||
| Indicator | Jun Index | May Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 16.7 | 23.9 | –7.2 | 10.9 | 11(+) | 33.4 | 50.0 | 16.7 |
Employment | 11.1 | 13.0 | –1.9 | 6.1 | 11(+) | 19.2 | 72.7 | 8.1 |
Part–Time Employment | 5.4 | 5.9 | –0.5 | 1.3 | 7(+) | 9.5 | 86.4 | 4.1 |
Hours Worked | 10.8 | 11.7 | –0.9 | 2.4 | 10(+) | 14.7 | 81.4 | 3.9 |
Wages and Benefits | 31.4 | 26.9 | +4.5 | 14.1 | 13(+) | 34.2 | 63.0 | 2.8 |
Input Prices | 44.9 | 43.8 | +1.1 | 25.1 | 14(+) | 47.0 | 50.9 | 2.1 |
Selling Prices | 28.6 | 23.5 | +5.1 | 5.4 | 11(+) | 32.5 | 63.6 | 3.9 |
Capital Expenditures | 15.3 | 17.2 | –1.9 | 9.6 | 10(+) | 21.6 | 72.1 | 6.3 |
| General Business Conditions Current (versus previous month) | ||||||||
| Indicator | Jun Index | May Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 21.7 | 26.0 | –4.3 | 5.3 | 11(+) | 30.4 | 60.9 | 8.7 |
General Business Activity | 36.2 | 40.0 | –3.8 | 3.4 | 5(+) | 40.6 | 55.0 | 4.4 |
| Indicator | Jun Index | May Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty† | 1.5 | –5.1 | +6.6 | 10.6 | 1(+) | 17.7 | 66.1 | 16.2 |
| Business Indicators Relating to Facilities and Products in Texas Future (six months ahead) | ||||||||
| Indicator | Jun Index | May Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 54.5 | 58.3 | –3.8 | 37.2 | 14(+) | 62.7 | 29.1 | 8.2 |
Employment | 37.8 | 40.2 | –2.4 | 22.0 | 14(+) | 42.9 | 52.0 | 5.1 |
Part–Time Employment | 18.4 | 16.4 | +2.0 | 6.5 | 13(+) | 21.9 | 74.6 | 3.5 |
Hours Worked | 14.9 | 14.9 | 0.0 | 5.7 | 14(+) | 17.4 | 80.1 | 2.5 |
Wages and Benefits | 49.1 | 50.4 | –1.3 | 35.9 | 14(+) | 51.2 | 46.7 | 2.1 |
Input Prices | 51.7 | 51.4 | +0.3 | 43.4 | 174(+) | 55.0 | 41.7 | 3.3 |
Selling Prices | 39.3 | 34.7 | +4.6 | 22.9 | 14(+) | 43.5 | 52.3 | 4.2 |
Capital Expenditures | 29.2 | 33.7 | –4.5 | 23.2 | 13(+) | 34.3 | 60.6 | 5.1 |
| General Business Conditions Future (six months ahead) | ||||||||
| Indicator | Jun Index | May Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 36.0 | 42.0 | –6.0 | 16.7 | 11(+) | 44.6 | 46.7 | 8.6 |
General Business Activity | 43.0 | 48.2 | –5.2 | 13.7 | 11(+) | 49.8 | 43.3 | 6.8 |
Texas Retail Outlook Survey
Results Table
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) | ||||||||
| Indicator | Jun Index | May Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | –5.3 | –6.7 | +1.4 | 5.5 | 2(–) | 26.0 | 42.6 | 31.3 |
Employment | 0.9 | 8.9 | –8.0 | 1.8 | 4(+) | 14.3 | 72.3 | 13.4 |
Part–Time Employment | 1.1 | 3.3 | –2.2 | –2.0 | 4(+) | 11.0 | 79.1 | 9.9 |
Hours Worked | –6.7 | 0.2 | –6.9 | –2.1 | 1(–) | 6.4 | 80.5 | 13.1 |
Wages and Benefits | 20.2 | 15.4 | +4.8 | 9.3 | 11(+) | 31.4 | 57.4 | 11.2 |
Input Prices | 59.2 | 52.6 | +6.6 | 19.7 | 14(+) | 61.6 | 36.0 | 2.4 |
Selling Prices | 57.4 | 46.2 | +11.2 | 11.2 | 13(+) | 60.7 | 36.0 | 3.3 |
Capital Expenditures | 20.8 | 15.7 | +5.1 | 7.5 | 5(+) | 26.0 | 68.8 | 5.2 |
Inventories | –17.1 | –11.0 | –6.1 | 2.1 | 4(–) | 19.5 | 44.0 | 36.6 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 5.3 | 1.4 | +3.9 | 7.0 | 4(+) | 30.6 | 44.1 | 25.3 |
Companywide Internet Sales | –1.9 | –2.4 | +0.5 | 6.0 | 2(–) | 22.1 | 53.9 | 24.0 |
| General Business Conditions, Retail Current (versus previous month) | ||||||||
| Indicator | Jun Index | May Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 5.6 | 12.4 | –6.8 | 3.6 | 4(+) | 21.0 | 63.6 | 15.4 |
General Business Activity | 30.9 | 26.7 | +4.2 | –0.3 | 4(+) | 37.1 | 56.7 | 6.2 |
| Outlook Uncertainty Current (versus previous month) | ||||||||
| Indicator | Jun Index | May Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty† | 8.7 | –18.8 | +27.5 | 8.5 | 1(+) | 19.6 | 69.6 | 10.9 |
| Business Indicators Relating to Facilities and Products in Texas, Retail Future (six months ahead) | ||||||||
| Indicator | Jun Index | May Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | 61.2 | 57.7 | +3.5 | 32.4 | 14(+) | 66.8 | 27.6 | 5.6 |
Employment | 38.4 | 37.2 | +1.2 | 12.4 | 14(+) | 41.1 | 56.2 | 2.7 |
Part–Time Employment | 19.9 | 12.7 | +7.2 | 1.1 | 11(+) | 24.2 | 71.5 | 4.3 |
Hours Worked | 9.8 | 10.0 | –0.2 | 2.8 | 14(+) | 15.0 | 79.8 | 5.2 |
Wages and Benefits | 46.3 | 50.4 | –4.1 | 27.5 | 14(+) | 50.1 | 46.1 | 3.8 |
Input Prices | 52.3 | 51.9 | +0.4 | 33.1 | 14(+) | 61.4 | 29.5 | 9.1 |
Selling Prices | 55.6 | 36.6 | +19.0 | 29.1 | 14(+) | 60.0 | 35.6 | 4.4 |
Capital Expenditures | 24.4 | 25.5 | –1.1 | 17.4 | 13(+) | 31.1 | 62.2 | 6.7 |
Inventories | 37.1 | 47.5 | –10.4 | 9.6 | 14(+) | 52.2 | 32.7 | 15.1 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 53.0 | 50.1 | +2.9 | 30.9 | 14(+) | 63.4 | 26.2 | 10.4 |
Companywide Internet Sales | 53.0 | 32.5 | +20.5 | 22.4 | 15(+) | 55.9 | 41.2 | 2.9 |
| General Business Conditions, Retail Future (six months ahead) | ||||||||
| Indicator | Jun Index | May Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 32.6 | 41.6 | –9.0 | 17.4 | 14(+) | 39.9 | 52.8 | 7.3 |
General Business Activity | 37.8 | 36.0 | +1.8 | 13.3 | 11(+) | 45.0 | 47.7 | 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.
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