Texas Service Sector Outlook Survey
Results Table
| Business Indicators Relating to Facilities and Products in Texas Current (versus previous month) | ||||||||
| Indicator | Jul Index | Jun Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 21.7 | 16.7 | +5.0 | 11.0 | 12(+) | 36.8 | 48.1 | 15.1 |
Employment | 13.5 | 11.1 | +2.4 | 6.1 | 12(+) | 21.5 | 70.5 | 8.0 |
Part–Time Employment | 8.3 | 5.4 | +2.9 | 1.3 | 8(+) | 11.2 | 85.9 | 2.9 |
Hours Worked | 8.5 | 10.8 | –2.3 | 2.4 | 11(+) | 13.0 | 82.5 | 4.5 |
Wages and Benefits | 27.2 | 31.4 | –4.2 | 14.1 | 14(+) | 30.1 | 67.0 | 2.9 |
Input Prices | 42.0 | 44.9 | –2.9 | 25.2 | 15(+) | 44.5 | 53.0 | 2.5 |
Selling Prices | 24.4 | 28.6 | –4.2 | 5.5 | 12(+) | 29.8 | 64.8 | 5.4 |
Capital Expenditures | 20.7 | 15.3 | +5.4 | 9.7 | 11(+) | 21.9 | 76.9 | 1.2 |
| General Business Conditions Current (versus previous month) | ||||||||
| Indicator | Jul Index | Jun Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 25.0 | 21.7 | +3.3 | 5.4 | 12(+) | 30.8 | 63.4 | 5.8 |
General Business Activity | 33.3 | 36.2 | –2.9 | 3.6 | 6(+) | 38.4 | 56.5 | 5.1 |
| Indicator | Jul Index | Jun Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty† | 6.6 | 1.5 | +5.1 | 10.5 | 2(+) | 19.7 | 67.2 | 13.1 |
| Business Indicators Relating to Facilities and Products in Texas Future (six months ahead) | ||||||||
| Indicator | Jul Index | Jun Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 52.1 | 54.5 | –2.4 | 37.3 | 15(+) | 58.8 | 34.5 | 6.7 |
Employment | 41.9 | 37.8 | +4.1 | 22.1 | 15(+) | 46.2 | 49.4 | 4.3 |
Part–Time Employment | 16.7 | 18.4 | –1.7 | 6.6 | 14(+) | 19.8 | 77.1 | 3.1 |
Hours Worked | 14.9 | 14.9 | 0.0 | 5.7 | 15(+) | 17.1 | 80.7 | 2.2 |
Wages and Benefits | 52.7 | 49.1 | +3.6 | 36.0 | 15(+) | 54.0 | 44.7 | 1.3 |
Input Prices | 51.6 | 51.7 | –0.1 | 43.4 | 175(+) | 55.6 | 40.5 | 4.0 |
Selling Prices | 37.4 | 39.3 | –1.9 | 23.0 | 15(+) | 42.0 | 53.4 | 4.6 |
Capital Expenditures | 32.0 | 29.2 | +2.8 | 23.2 | 14(+) | 36.0 | 60.0 | 4.0 |
| General Business Conditions Future (six months ahead) | ||||||||
| Indicator | Jul Index | Jun Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 31.3 | 36.0 | –4.7 | 16.8 | 12(+) | 38.7 | 53.9 | 7.4 |
General Business Activity | 37.5 | 43.0 | –5.5 | 13.9 | 12(+) | 42.3 | 52.9 | 4.8 |
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 | Jul Index | Jun Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | –0.2 | –5.3 | +5.1 | 5.5 | 3(–) | 30.5 | 38.9 | 30.7 |
Employment | –0.7 | 0.9 | –1.6 | 1.8 | 1(–) | 14.7 | 69.9 | 15.4 |
Part–Time Employment | 8.0 | 1.1 | +6.9 | –1.9 | 5(+) | 13.1 | 81.8 | 5.1 |
Hours Worked | –2.6 | –6.7 | +4.1 | –2.1 | 2(–) | 10.2 | 77.0 | 12.8 |
Wages and Benefits | 15.8 | 20.2 | –4.4 | 9.3 | 12(+) | 24.7 | 66.4 | 8.9 |
Input Prices | 51.8 | 59.2 | –7.4 | 19.9 | 15(+) | 57.6 | 36.6 | 5.8 |
Selling Prices | 42.9 | 57.4 | –14.5 | 11.4 | 14(+) | 52.2 | 38.5 | 9.3 |
Capital Expenditures | 23.8 | 20.8 | +3.0 | 7.7 | 6(+) | 25.3 | 73.2 | 1.5 |
Inventories | –6.4 | –17.1 | +10.7 | 2.0 | 5(–) | 21.2 | 51.2 | 27.6 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 5.1 | 5.3 | –0.2 | 7.0 | 5(+) | 33.9 | 37.3 | 28.8 |
Companywide Internet Sales | 1.4 | –1.9 | +3.3 | 5.9 | 1(+) | 21.9 | 57.6 | 20.5 |
| General Business Conditions, Retail Current (versus previous month) | ||||||||
| Indicator | Jul Index | Jun Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 11.8 | 5.6 | +6.2 | 3.6 | 5(+) | 18.2 | 75.4 | 6.4 |
General Business Activity | 15.8 | 30.9 | –15.1 | –0.2 | 5(+) | 28.1 | 59.6 | 12.3 |
| Outlook Uncertainty Current (versus previous month) | ||||||||
| Indicator | Jul Index | Jun Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty† | 14.9 | 8.7 | +6.2 | 8.6 | 2(+) | 21.3 | 72.3 | 6.4 |
| Business Indicators Relating to Facilities and Products in Texas, Retail Future (six months ahead) | ||||||||
| Indicator | Jul Index | Jun Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | 58.9 | 61.2 | –2.3 | 32.6 | 15(+) | 64.2 | 30.5 | 5.3 |
Employment | 42.0 | 38.4 | +3.6 | 12.6 | 15(+) | 44.8 | 52.4 | 2.8 |
Part–Time Employment | 15.3 | 19.9 | –4.6 | 1.2 | 12(+) | 19.9 | 75.5 | 4.6 |
Hours Worked | 15.1 | 9.8 | +5.3 | 2.9 | 15(+) | 18.3 | 78.5 | 3.2 |
Wages and Benefits | 54.9 | 46.3 | +8.6 | 27.7 | 15(+) | 56.1 | 42.7 | 1.2 |
Input Prices | 59.1 | 52.3 | +6.8 | 33.3 | 15(+) | 68.2 | 22.7 | 9.1 |
Selling Prices | 48.8 | 55.6 | –6.8 | 29.2 | 15(+) | 62.8 | 23.3 | 14.0 |
Capital Expenditures | 29.6 | 24.4 | +5.2 | 17.5 | 14(+) | 34.1 | 61.4 | 4.5 |
Inventories | 39.4 | 37.1 | +2.3 | 9.7 | 15(+) | 50.0 | 39.4 | 10.6 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 55.8 | 53.0 | +2.8 | 31.0 | 15(+) | 64.6 | 26.6 | 8.8 |
Companywide Internet Sales | 43.8 | 53.0 | –9.2 | 22.5 | 16(+) | 43.8 | 56.3 | 0.0 |
| General Business Conditions, Retail Future (six months ahead) | ||||||||
| Indicator | Jul Index | Jun Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 35.4 | 32.6 | +2.8 | 17.5 | 15(+) | 36.4 | 62.6 | 1.0 |
General Business Activity | 24.1 | 37.8 | –13.7 | 13.3 | 12(+) | 28.9 | 66.3 | 4.8 |
*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.
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