Texas Service Sector Outlook Survey
Results Table
| Business Indicators Relating to Facilities and Products in Texas Current (versus previous month) | ||||||||
| Indicator | Aug Index | Jul Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 16.5 | 21.7 | –5.2 | 11.0 | 13(+) | 36.5 | 43.6 | 20.0 |
Employment | 17.6 | 13.5 | +4.1 | 6.2 | 13(+) | 23.7 | 70.3 | 6.1 |
Part–Time Employment | 6.1 | 8.3 | –2.2 | 1.3 | 9(+) | 10.3 | 85.5 | 4.2 |
Hours Worked | 11.5 | 8.5 | +3.0 | 2.5 | 12(+) | 16.4 | 78.7 | 4.9 |
Wages and Benefits | 32.6 | 27.2 | +5.4 | 14.3 | 15(+) | 35.2 | 62.2 | 2.6 |
Input Prices | 41.9 | 42.0 | –0.1 | 25.3 | 16(+) | 44.1 | 53.7 | 2.2 |
Selling Prices | 20.8 | 24.4 | –3.6 | 5.6 | 13(+) | 25.9 | 69.0 | 5.1 |
Capital Expenditures | 16.1 | 20.7 | –4.6 | 9.7 | 12(+) | 22.1 | 71.9 | 6.0 |
| General Business Conditions Current (versus previous month) | ||||||||
| Indicator | Aug Index | Jul Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 5.1 | 25.0 | –19.9 | 5.4 | 13(+) | 21.6 | 61.9 | 16.5 |
General Business Activity | 5.4 | 33.3 | –27.9 | 3.6 | 7(+) | 24.3 | 56.8 | 18.9 |
| Indicator | Aug Index | Jul Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty† | 20.4 | 6.6 | +13.8 | 10.8 | 3(+) | 31.5 | 57.5 | 11.1 |
| Business Indicators Relating to Facilities and Products in Texas Future (six months ahead) | ||||||||
| Indicator | Aug Index | Jul Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 44.7 | 52.1 | –7.4 | 37.3 | 16(+) | 55.3 | 34.1 | 10.6 |
Employment | 36.9 | 41.9 | –5.0 | 22.2 | 16(+) | 42.3 | 52.3 | 5.4 |
Part–Time Employment | 13.7 | 16.7 | –3.0 | 6.6 | 15(+) | 19.3 | 75.1 | 5.6 |
Hours Worked | 14.1 | 14.9 | –0.8 | 5.8 | 16(+) | 18.6 | 76.9 | 4.5 |
Wages and Benefits | 48.7 | 52.7 | –4.0 | 36.0 | 16(+) | 50.3 | 48.1 | 1.6 |
Input Prices | 47.8 | 51.6 | –3.8 | 43.4 | 176(+) | 50.7 | 46.5 | 2.9 |
Selling Prices | 33.0 | 37.4 | –4.4 | 23.1 | 16(+) | 37.5 | 58.0 | 4.5 |
Capital Expenditures | 27.6 | 32.0 | –4.4 | 23.2 | 15(+) | 33.0 | 61.6 | 5.4 |
| General Business Conditions Future (six months ahead) | ||||||||
| Indicator | Aug Index | Jul Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 20.8 | 31.3 | –10.5 | 16.8 | 13(+) | 32.1 | 56.6 | 11.3 |
General Business Activity | 23.0 | 37.5 | –14.5 | 13.9 | 13(+) | 35.3 | 52.4 | 12.3 |
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 | Aug Index | Jul Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | 7.9 | –0.2 | +8.1 | 5.5 | 1(+) | 29.3 | 49.4 | 21.4 |
Employment | 2.4 | –0.7 | +3.1 | 1.8 | 1(+) | 12.5 | 77.4 | 10.1 |
Part–Time Employment | 3.5 | 8.0 | –4.5 | –1.9 | 6(+) | 9.7 | 84.1 | 6.2 |
Hours Worked | 4.6 | –2.6 | +7.2 | –2.0 | 1(+) | 10.4 | 83.8 | 5.8 |
Wages and Benefits | 24.2 | 15.8 | +8.4 | 9.4 | 13(+) | 29.6 | 65.0 | 5.4 |
Input Prices | 41.3 | 51.8 | –10.5 | 20.0 | 16(+) | 46.6 | 48.1 | 5.3 |
Selling Prices | 39.7 | 42.9 | –3.2 | 11.5 | 15(+) | 49.4 | 40.9 | 9.7 |
Capital Expenditures | 12.6 | 23.8 | –11.2 | 7.7 | 7(+) | 17.9 | 76.8 | 5.3 |
Inventories | –6.4 | –6.4 | 0.0 | 2.0 | 6(–) | 21.2 | 51.2 | 27.6 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 16.9 | 5.1 | +11.8 | 7.0 | 6(+) | 36.0 | 44.9 | 19.1 |
Companywide Internet Sales | 7.1 | 1.4 | +5.7 | 5.9 | 2(+) | 21.9 | 63.3 | 14.8 |
| General Business Conditions, Retail Current (versus previous month) | ||||||||
| Indicator | Aug Index | Jul Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | –1.7 | 11.8 | –13.5 | 3.6 | 1(–) | 12.0 | 74.3 | 13.7 |
General Business Activity | 8.5 | 15.8 | –7.3 | –0.1 | 6(+) | 23.7 | 61.1 | 15.2 |
| Outlook Uncertainty Current (versus previous month) | ||||||||
| Indicator | Aug Index | Jul Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty† | 16.7 | 14.9 | +1.8 | 8.8 | 3(+) | 26.2 | 64.3 | 9.5 |
| Business Indicators Relating to Facilities and Products in Texas, Retail Future (six months ahead) | ||||||||
| Indicator | Aug Index | Jul Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | 45.9 | 58.9 | –13.0 | 32.6 | 16(+) | 53.9 | 38.1 | 8.0 |
Employment | 33.2 | 42.0 | –8.8 | 12.7 | 16(+) | 39.9 | 53.4 | 6.7 |
Part–Time Employment | 25.5 | 15.3 | +10.2 | 1.3 | 13(+) | 27.0 | 71.5 | 1.5 |
Hours Worked | 18.7 | 15.1 | +3.6 | 2.9 | 16(+) | 23.5 | 71.7 | 4.8 |
Wages and Benefits | 52.1 | 54.9 | –2.8 | 27.8 | 16(+) | 52.4 | 47.3 | 0.3 |
Input Prices | 45.5 | 59.1 | –13.6 | 33.3 | 16(+) | 52.3 | 40.9 | 6.8 |
Selling Prices | 39.5 | 48.8 | –9.3 | 29.3 | 16(+) | 48.8 | 41.9 | 9.3 |
Capital Expenditures | 25.5 | 29.6 | –4.1 | 17.5 | 15(+) | 30.2 | 65.1 | 4.7 |
Inventories | 22.7 | 39.4 | –16.7 | 9.8 | 16(+) | 37.1 | 48.5 | 14.4 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 53.3 | 55.8 | –2.5 | 31.1 | 16(+) | 58.2 | 36.9 | 4.9 |
Companywide Internet Sales | 44.8 | 43.8 | +1.0 | 22.6 | 17(+) | 47.4 | 50.0 | 2.6 |
| General Business Conditions, Retail Future (six months ahead) | ||||||||
| Indicator | Aug Index | Jul Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 36.8 | 35.4 | +1.4 | 17.6 | 16(+) | 40.5 | 55.8 | 3.7 |
General Business Activity | 22.0 | 24.1 | –2.1 | 13.4 | 13(+) | 37.1 | 47.7 | 15.1 |
*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.