Texas Service Sector Outlook Survey
Results Table
| Business Indicators Relating to Facilities and Products in Texas Current (versus previous month) | ||||||||
| Indicator | Sep Index | Aug Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 14.5 | 16.5 | –2.0 | 11.0 | 14(+) | 33.8 | 46.8 | 19.3 |
Employment | 9.2 | 17.6 | –8.4 | 6.2 | 14(+) | 18.3 | 72.6 | 9.1 |
Part–Time Employment | 4.6 | 6.1 | –1.5 | 1.3 | 10(+) | 7.8 | 89.0 | 3.2 |
Hours Worked | 5.6 | 11.5 | –5.9 | 2.5 | 13(+) | 11.6 | 82.4 | 6.0 |
Wages and Benefits | 26.9 | 32.6 | –5.7 | 14.3 | 16(+) | 29.3 | 68.3 | 2.4 |
Input Prices | 42.9 | 41.9 | +1.0 | 25.4 | 17(+) | 45.4 | 52.1 | 2.5 |
Selling Prices | 20.2 | 20.8 | –0.6 | 5.7 | 14(+) | 24.4 | 71.4 | 4.2 |
Capital Expenditures | 12.4 | 16.1 | –3.7 | 9.7 | 13(+) | 16.9 | 78.6 | 4.5 |
| General Business Conditions Current (versus previous month) | ||||||||
| Indicator | Sep Index | Aug Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 5.9 | 5.1 | +0.8 | 5.4 | 14(+) | 19.3 | 67.3 | 13.4 |
General Business Activity | 8.3 | 5.4 | +2.9 | 3.6 | 8(+) | 23.3 | 61.7 | 15.0 |
| Indicator | Sep Index | Aug Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty† | 19.6 | 20.4 | –0.8 | 11.0 | 4(+) | 29.1 | 61.4 | 9.5 |
| Business Indicators Relating to Facilities and Products in Texas Future (six months ahead) | ||||||||
| Indicator | Sep Index | Aug Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 44.4 | 44.7 | –0.3 | 37.3 | 17(+) | 54.6 | 35.2 | 10.2 |
Employment | 36.2 | 36.9 | –0.7 | 22.3 | 17(+) | 43.0 | 50.1 | 6.8 |
Part–Time Employment | 9.3 | 13.7 | –4.4 | 6.7 | 16(+) | 13.5 | 82.3 | 4.2 |
Hours Worked | 7.5 | 14.1 | –6.6 | 5.8 | 17(+) | 12.4 | 82.7 | 4.9 |
Wages and Benefits | 48.7 | 48.7 | 0.0 | 36.1 | 17(+) | 51.2 | 46.3 | 2.5 |
Input Prices | 53.1 | 47.8 | +5.3 | 43.5 | 177(+) | 55.4 | 42.3 | 2.3 |
Selling Prices | 34.3 | 33.0 | +1.3 | 23.1 | 17(+) | 38.0 | 58.3 | 3.7 |
Capital Expenditures | 27.7 | 27.6 | +0.1 | 23.3 | 16(+) | 33.8 | 60.1 | 6.1 |
| General Business Conditions Future (six months ahead) | ||||||||
| Indicator | Sep Index | Aug Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 23.8 | 20.8 | +3.0 | 16.8 | 14(+) | 35.3 | 53.2 | 11.5 |
General Business Activity | 24.4 | 23.0 | +1.4 | 14.0 | 14(+) | 36.7 | 51.0 | 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 | Sep Index | Aug Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | 7.3 | 7.9 | –0.6 | 5.5 | 2(+) | 36.7 | 34.0 | 29.4 |
Employment | 8.4 | 2.4 | +6.0 | 1.8 | 2(+) | 13.3 | 81.8 | 4.9 |
Part–Time Employment | 6.5 | 3.5 | +3.0 | –1.9 | 7(+) | 7.8 | 90.9 | 1.3 |
Hours Worked | 9.2 | 4.6 | +4.6 | –2.0 | 2(+) | 14.5 | 80.2 | 5.3 |
Wages and Benefits | 24.6 | 24.2 | +0.4 | 9.5 | 14(+) | 29.3 | 66.0 | 4.7 |
Input Prices | 50.1 | 41.3 | +8.8 | 20.2 | 17(+) | 54.3 | 41.5 | 4.2 |
Selling Prices | 50.4 | 39.7 | +10.7 | 11.8 | 16(+) | 57.9 | 34.6 | 7.5 |
Capital Expenditures | 10.6 | 12.6 | –2.0 | 7.7 | 8(+) | 16.7 | 77.2 | 6.1 |
Inventories | 11.8 | –6.4 | +18.2 | 2.0 | 1(+) | 29.8 | 52.2 | 18.0 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 10.7 | 16.9 | –6.2 | 7.1 | 7(+) | 35.2 | 40.2 | 24.5 |
Companywide Internet Sales | –8.0 | 7.1 | –15.1 | 5.9 | 1(–) | 7.2 | 77.6 | 15.2 |
| General Business Conditions, Retail Current (versus previous month) | ||||||||
| Indicator | Sep Index | Aug Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 2.4 | –1.7 | +4.1 | 3.6 | 1(+) | 19.0 | 64.4 | 16.6 |
General Business Activity | 10.0 | 8.5 | +1.5 | –0.1 | 7(+) | 24.7 | 60.6 | 14.7 |
| Outlook Uncertainty Current (versus previous month) | ||||||||
| Indicator | Sep Index | Aug Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty† | 20.8 | 16.7 | +4.1 | 9.1 | 4(+) | 27.1 | 66.7 | 6.3 |
| Business Indicators Relating to Facilities and Products in Texas, Retail Future (six months ahead) | ||||||||
| Indicator | Sep Index | Aug Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | 28.0 | 45.9 | –17.9 | 32.6 | 17(+) | 44.4 | 39.2 | 16.4 |
Employment | 30.4 | 33.2 | –2.8 | 12.8 | 17(+) | 37.1 | 56.2 | 6.7 |
Part–Time Employment | 10.8 | 25.5 | –14.7 | 1.4 | 14(+) | 14.3 | 82.2 | 3.5 |
Hours Worked | 7.1 | 18.7 | –11.6 | 3.0 | 17(+) | 15.2 | 76.7 | 8.1 |
Wages and Benefits | 47.8 | 52.1 | –4.3 | 27.9 | 17(+) | 51.2 | 45.3 | 3.4 |
Input Prices | 48.9 | 45.5 | +3.4 | 33.4 | 17(+) | 55.3 | 38.3 | 6.4 |
Selling Prices | 50.0 | 39.5 | +10.5 | 29.4 | 17(+) | 58.7 | 32.6 | 8.7 |
Capital Expenditures | 15.2 | 25.5 | –10.3 | 17.5 | 16(+) | 26.1 | 63.0 | 10.9 |
Inventories | 25.0 | 22.7 | +2.3 | 9.9 | 17(+) | 40.8 | 43.4 | 15.8 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 32.1 | 53.3 | –21.2 | 31.1 | 17(+) | 45.1 | 41.9 | 13.0 |
Companywide Internet Sales | 20.0 | 44.8 | –24.8 | 22.6 | 18(+) | 25.7 | 68.6 | 5.7 |
| General Business Conditions, Retail Future (six months ahead) | ||||||||
| Indicator | Sep Index | Aug Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 18.8 | 36.8 | –18.0 | 17.6 | 17(+) | 32.6 | 53.6 | 13.8 |
General Business Activity | 13.1 | 22.0 | –8.9 | 13.4 | 14(+) | 28.4 | 56.3 | 15.3 |
*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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