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 | 9.4 | 6.3 | +3.1 | 11.3 | 23(+) | 30.6 | 48.2 | 21.2 |
Employment | 7.6 | 8.1 | –0.5 | 6.5 | 23(+) | 19.2 | 69.2 | 11.6 |
Part–Time Employment | 1.9 | 3.0 | –1.1 | 1.6 | 19(+) | 5.8 | 90.3 | 3.9 |
Hours Worked | 4.9 | 5.6 | –0.7 | 2.9 | 22(+) | 10.4 | 84.1 | 5.5 |
Wages and Benefits | 34.6 | 35.0 | –0.4 | 15.4 | 25(+) | 37.4 | 59.8 | 2.8 |
Input Prices | 55.8 | 53.5 | +2.3 | 26.8 | 26(+) | 58.0 | 39.8 | 2.2 |
Selling Prices | 29.4 | 32.6 | –3.2 | 6.9 | 23(+) | 34.1 | 61.2 | 4.7 |
Capital Expenditures | 12.1 | 14.7 | –2.6 | 10.0 | 22(+) | 19.4 | 73.3 | 7.3 |
| 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 | –14.7 | 0.9 | –15.6 | 5.5 | 1(–) | 12.6 | 60.1 | 27.3 |
General Business Activity | –12.4 | 1.5 | –13.9 | 4.0 | 1(–) | 14.9 | 57.8 | 27.3 |
| Indicator | Jun Index | May Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty† | 41.2 | 25.2 | +16.0 | 12.3 | 13(+) | 49.6 | 42.0 | 8.4 |
| 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 | 19.0 | 35.5 | –16.5 | 37.9 | 26(+) | 41.2 | 36.5 | 22.2 |
Employment | 23.4 | 32.9 | –9.5 | 23.0 | 26(+) | 33.3 | 56.8 | 9.9 |
Part–Time Employment | –0.3 | 8.6 | –8.9 | 7.0 | 1(–) | 7.2 | 85.3 | 7.5 |
Hours Worked | 2.8 | 8.8 | –6.0 | 6.0 | 26(+) | 9.3 | 84.2 | 6.5 |
Wages and Benefits | 50.5 | 50.5 | 0.0 | 37.0 | 26(+) | 53.5 | 43.5 | 3.0 |
Input Prices | 66.4 | 61.9 | +4.5 | 44.3 | 186(+) | 68.3 | 29.9 | 1.9 |
Selling Prices | 36.6 | 40.4 | –3.8 | 24.1 | 26(+) | 44.3 | 48.0 | 7.7 |
Capital Expenditures | 20.8 | 28.5 | –7.7 | 23.6 | 25(+) | 31.6 | 57.6 | 10.8 |
| 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 | –18.4 | 0.2 | –18.6 | 16.8 | 1(–) | 16.2 | 49.1 | 34.6 |
General Business Activity | –24.0 | –3.9 | –20.1 | 13.9 | 2(–) | 15.0 | 45.9 | 39.0 |
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 | –11.0 | –11.9 | +0.9 | 5.2 | 4(–) | 24.7 | 39.5 | 35.7 |
Employment | –3.3 | 0.8 | –4.1 | 1.9 | 1(–) | 11.3 | 74.1 | 14.6 |
Part–Time Employment | –8.1 | 0.2 | –8.3 | –1.6 | 1(–) | 2.6 | 86.7 | 10.7 |
Hours Worked | –6.1 | 1.4 | –7.5 | –1.7 | 1(–) | 6.5 | 80.9 | 12.6 |
Wages and Benefits | 30.4 | 31.1 | –0.7 | 10.8 | 23(+) | 37.9 | 54.6 | 7.5 |
Input Prices | 49.9 | 50.1 | –0.2 | 21.7 | 26(+) | 58.0 | 33.9 | 8.1 |
Selling Prices | 37.1 | 42.5 | –5.4 | 13.5 | 1(+) | 50.2 | 36.7 | 13.1 |
Capital Expenditures | 10.4 | 12.6 | –2.2 | 8.1 | 17(+) | 20.2 | 70.0 | 9.8 |
Inventories | –0.2 | –1.3 | +1.1 | 1.9 | 6(–) | 24.5 | 50.8 | 24.7 |
| Companywide Retail Activity | ||||||||
Companywide Sales | –7.8 | –12.9 | +5.1 | 6.7 | 2(–) | 26.2 | 39.8 | 34.0 |
Companywide Internet Sales | –10.4 | –18.2 | +7.8 | 5.5 | 2(–) | 10.8 | 68.0 | 21.2 |
| 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 | –22.2 | –4.1 | –18.1 | 3.3 | 4(–) | 12.3 | 53.2 | 34.5 |
General Business Activity | –25.2 | –3.2 | –22.0 | –0.2 | 2(–) | 16.1 | 42.6 | 41.3 |
| Outlook Uncertainty Current (versus previous month) | ||||||||
| Indicator | Jun Index | May Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty† | 42.3 | 18.2 | +24.1 | 10.1 | 13(+) | 53.8 | 34.6 | 11.5 |
| 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 | 0.9 | 18.3 | –17.4 | 32.5 | 1(+) | 28.3 | 44.3 | 27.4 |
Employment | 10.3 | 22.0 | –11.7 | 13.3 | 26(+) | 28.9 | 52.5 | 18.6 |
Part–Time Employment | –0.8 | 0.5 | –1.3 | 1.7 | 1(–) | 10.7 | 77.8 | 11.5 |
Hours Worked | –7.4 | 4.0 | –11.4 | 3.1 | 1(–) | 6.4 | 79.8 | 13.8 |
Wages and Benefits | 43.6 | 50.1 | –6.5 | 29.0 | 26(+) | 49.5 | 44.6 | 5.9 |
Input Prices | 58.5 | 50.0 | +8.5 | 34.3 | 26(+) | 64.2 | 30.2 | 5.7 |
Selling Prices | 41.5 | 47.6 | –6.1 | 30.2 | 26(+) | 58.5 | 24.5 | 17.0 |
Capital Expenditures | 21.2 | 30.9 | –9.7 | 18.1 | 25(+) | 32.7 | 55.8 | 11.5 |
Inventories | 23.4 | 3.1 | +20.3 | 10.6 | 26(+) | 42.3 | 38.8 | 18.9 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 4.0 | 14.6 | –10.6 | 31.3 | 26(+) | 32.3 | 39.3 | 28.3 |
Companywide Internet Sales | 5.1 | 17.2 | –12.1 | 22.8 | 27(+) | 20.5 | 64.1 | 15.4 |
| 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 | –13.8 | –3.5 | –10.3 | 17.3 | 2(–) | 21.4 | 43.3 | 35.2 |
General Business Activity | –26.8 | –3.5 | –23.3 | 12.8 | 4(–) | 17.7 | 37.7 | 44.5 |
*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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