Texas Service Sector Outlook Survey
Results Table
| Business Indicators Relating to Facilities and Products in Texas Current (versus previous month) | ||||||||
| Indicator | Oct Index | Sep Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 19.6 | 14.5 | +5.1 | 11.1 | 15(+) | 35.7 | 48.1 | 16.1 |
Employment | 14.2 | 9.2 | +5.0 | 6.2 | 15(+) | 24.7 | 64.8 | 10.5 |
Part‒Time Employment | 6.7 | 4.6 | +2.1 | 1.4 | null | 10.4 | 85.9 | 3.7 |
Hours Worked | 14.0 | 5.6 | +8.4 | 2.6 | 14(+) | 17.5 | 79.0 | 3.5 |
Wages and Benefits | 34.7 | 26.9 | +7.8 | 14.4 | 17(+) | 37.1 | 60.5 | 2.4 |
Input Prices | 47.0 | 42.9 | +4.1 | 25.5 | 18(+) | 49.1 | 48.8 | 2.1 |
Selling Prices | 22.7 | 20.2 | +2.5 | 5.8 | 15(+) | 25.3 | 72.1 | 2.6 |
Capital Expenditures | 12.1 | 12.4 | –0.3 | 9.7 | 14(+) | 17.2 | 77.7 | 5.1 |
| General Business Conditions Current (versus previous month) | ||||||||
| Indicator | Oct Index | Sep Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 13.6 | 5.9 | +7.7 | 5.5 | 15(+) | 24.1 | 65.4 | 10.5 |
General Business Activity | 20.7 | 8.3 | +12.4 | 3.7 | 9(+) | 28.9 | 62.9 | 8.2 |
| Indicator | Oct Index | Sep Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty† | 12.5 | 19.6 | –7.1 | 11.0 | 5(+) | 23.9 | 64.7 | 11.4 |
| Business Indicators Relating to Facilities and Products in Texas Future (six months ahead) | ||||||||
| Indicator | Oct Index | Sep Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 56.1 | 44.4 | +11.7 | 37.4 | 18(+) | 63.8 | 28.5 | 7.7 |
Employment | 41.5 | 36.2 | +5.3 | 22.4 | 18(+) | 48.9 | 43.7 | 7.4 |
Part‒Time Employment | 16.1 | 9.3 | +6.8 | 6.7 | null | 20.7 | 74.7 | 4.6 |
Hours Worked | 12.6 | 7.5 | +5.1 | 5.8 | 18(+) | 17.0 | 78.6 | 4.4 |
Wages and Benefits | 58.3 | 48.7 | +9.6 | 36.2 | 18(+) | 59.1 | 40.1 | 0.8 |
Input Prices | 49.6 | 53.1 | –3.5 | 43.5 | 178(+) | 52.5 | 44.6 | 2.9 |
Selling Prices | 38.2 | 34.3 | +3.9 | 23.2 | 18(+) | 43.5 | 51.2 | 5.3 |
Capital Expenditures | 30.6 | 27.7 | +2.9 | 23.3 | 17(+) | 36.3 | 58.0 | 5.7 |
| General Business Conditions Future (six months ahead) | ||||||||
| Indicator | Oct Index | Sep Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 30.1 | 23.8 | +6.3 | 16.9 | 15(+) | 37.6 | 54.9 | 7.5 |
General Business Activity | 32.8 | 24.4 | +8.4 | 14.1 | 15(+) | 40.0 | 52.8 | 7.2 |
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 | Oct Index | Sep Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | –9.7 | 7.3 | –17.0 | 5.4 | 1(–) | 21.0 | 48.4 | 30.7 |
Employment | 0.0 | 8.4 | –8.4 | 1.8 | 1() | 14.5 | 71.0 | 14.5 |
Part‒Time Employment | 4.9 | 6.5 | –1.6 | –1.8 | 8(+) | 11.8 | 81.3 | 6.9 |
Hours Worked | 9.6 | 9.2 | +0.4 | –1.9 | 3(+) | 17.9 | 73.8 | 8.3 |
Wages and Benefits | 38.3 | 24.6 | +13.7 | 9.6 | 15(+) | 44.6 | 49.1 | 6.3 |
Input Prices | 56.3 | 50.1 | +6.2 | 20.4 | 18(+) | 58.2 | 39.9 | 1.9 |
Selling Prices | 45.5 | 50.4 | –4.9 | 11.9 | 17(+) | 52.9 | 39.7 | 7.4 |
Capital Expenditures | 5.9 | 10.6 | –4.7 | 7.7 | 9(+) | 14.2 | 77.5 | 8.3 |
Inventories | –9.0 | 11.8 | –20.8 | 1.9 | 1(–) | 21.9 | 47.2 | 30.9 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 0.7 | 10.7 | –10.0 | 7.0 | 8(+) | 26.5 | 47.7 | 25.8 |
Companywide Internet Sales | –4.3 | –8.0 | +3.7 | 5.8 | 2(–) | 14.8 | 66.1 | 19.1 |
| General Business Conditions, Retail Current (versus previous month) | ||||||||
| Indicator | Oct Index | Sep Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | –2.2 | 2.4 | –4.6 | 3.5 | 1(–) | 13.9 | 70.0 | 16.1 |
General Business Activity | 1.6 | 10.0 | –8.4 | –0.1 | 8(+) | 14.3 | 73.0 | 12.7 |
| Outlook Uncertainty Current (versus previous month) | ||||||||
| Indicator | Oct Index | Sep Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty† | 8.5 | 20.8 | –12.3 | 9.1 | 5(+) | 17.0 | 74.5 | 8.5 |
| Business Indicators Relating to Facilities and Products in Texas, Retail Future (six months ahead) | ||||||||
| Indicator | Oct Index | Sep Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | 44.6 | 28.0 | +16.6 | 32.7 | 18(+) | 55.7 | 33.2 | 11.1 |
Employment | 16.3 | 30.4 | –14.1 | 12.8 | 18(+) | 30.3 | 55.7 | 14.0 |
Part‒Time Employment | 17.4 | 10.8 | +6.6 | 1.5 | 15(+) | 24.2 | 68.9 | 6.8 |
Hours Worked | 8.3 | 7.1 | +1.2 | 3.0 | 18(+) | 16.6 | 75.1 | 8.3 |
Wages and Benefits | 48.5 | 47.8 | +0.7 | 28.0 | 18(+) | 50.0 | 48.5 | 1.5 |
Input Prices | 35.6 | 48.9 | –13.3 | 33.4 | 18(+) | 46.7 | 42.2 | 11.1 |
Selling Prices | 24.5 | 50.0 | –25.5 | 29.4 | 18(+) | 37.8 | 48.9 | 13.3 |
Capital Expenditures | 15.9 | 15.2 | +0.7 | 17.5 | 17(+) | 27.3 | 61.4 | 11.4 |
Inventories | 27.1 | 25.0 | +2.1 | 10.0 | 18(+) | 45.8 | 35.5 | 18.7 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 50.1 | 32.1 | +18.0 | 31.3 | 18(+) | 60.2 | 29.7 | 10.1 |
Companywide Internet Sales | 36.1 | 20.0 | +16.1 | 22.7 | 19(+) | 41.7 | 52.8 | 5.6 |
| General Business Conditions, Retail Future (six months ahead) | ||||||||
| Indicator | Oct Index | Sep Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 18.7 | 18.8 | –0.1 | 17.7 | 18(+) | 30.0 | 58.7 | 11.3 |
General Business Activity | 16.0 | 13.1 | +2.9 | 13.4 | 15(+) | 28.1 | 59.8 | 12.1 |
*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.
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