Texas Service Sector Outlook Survey
Results Table
| Business Indicators Relating to Facilities and Products in Texas Current (versus previous month) | ||||||||
| Indicator | May Index | Apr Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 6.9 | 6.9 | 0.0 | 11.0 | 5(+) | 27.0 | 52.9 | 20.1 |
Employment | 4.2 | 5.5 | –1.3 | 6.5 | 2(+) | 14.7 | 74.8 | 10.5 |
Part–Time Employment | –1.0 | –3.7 | +2.7 | 1.5 | 2(–) | 4.8 | 89.4 | 5.8 |
Hours Worked | –1.4 | –0.3 | –1.1 | 2.8 | 3(–) | 5.6 | 87.4 | 7.0 |
Wages and Benefits | 16.6 | 18.4 | –1.8 | 15.7 | 36(+) | 20.8 | 75.0 | 4.2 |
Input Prices | 31.8 | 35.5 | –3.7 | 27.7 | 37(+) | 36.2 | 59.4 | 4.4 |
Selling Prices | 13.8 | 16.1 | –2.3 | 7.6 | 34(+) | 21.6 | 70.6 | 7.8 |
Capital Expenditures | 11.5 | 10.3 | +1.2 | 10.1 | 34(+) | 20.4 | 70.7 | 8.9 |
| General Business Conditions Current (versus previous month) | ||||||||
| Indicator | May Index | Apr Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | –9.5 | –9.4 | –0.1 | 4.8 | 12(–) | 10.8 | 68.9 | 20.3 |
General Business Activity | –17.3 | –14.4 | –2.9 | 3.0 | 12(–) | 11.6 | 59.5 | 28.9 |
| Indicator | May Index | Apr Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty | 15.8 | 16.1 | –0.3 | 13.6 | null | 27.1 | 61.6 | 11.3 |
| Business Indicators Relating to Facilities and Products in Texas Future (six months ahead) | ||||||||
| Indicator | May Index | Apr Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 28.5 | 26.0 | +2.5 | 37.7 | 37(+) | 45.2 | 38.2 | 16.7 |
Employment | 25.4 | 22.1 | +3.3 | 23.2 | 37(+) | 35.3 | 54.8 | 9.9 |
Part–Time Employment | 2.7 | –0.2 | +2.9 | 6.8 | 1(+) | 11.4 | 79.9 | 8.7 |
Hours Worked | 5.3 | 1.1 | +4.2 | 5.9 | 37(+) | 11.4 | 82.5 | 6.1 |
Wages and Benefits | 38.4 | 42.9 | –4.5 | 37.4 | 37(+) | 43.0 | 52.4 | 4.6 |
Input Prices | 37.1 | 47.7 | –10.6 | 44.7 | 197(+) | 46.2 | 44.6 | 9.1 |
Selling Prices | 25.9 | 27.6 | –1.7 | 24.6 | 37(+) | 35.8 | 54.3 | 9.9 |
Capital Expenditures | 13.6 | 16.0 | –2.4 | 23.4 | 36(+) | 25.5 | 62.6 | 11.9 |
| General Business Conditions Future (six months ahead) | ||||||||
| Indicator | May Index | Apr Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | –1.3 | –3.8 | +2.5 | 15.9 | 3(–) | 21.4 | 56.0 | 22.7 |
General Business Activity | –13.2 | –13.0 | –0.2 | 12.6 | 13(–) | 16.2 | 54.4 | 29.4 |
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 | May Index | Apr Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | –3.2 | 3.2 | –6.4 | 4.4 | 1(–) | 25.2 | 46.5 | 28.4 |
Employment | –3.3 | 1.6 | –4.9 | 1.9 | 1(–) | 10.3 | 76.1 | 13.6 |
Part–Time Employment | –9.3 | –0.5 | –8.8 | –1.6 | 3(–) | 1.9 | 86.9 | 11.2 |
Hours Worked | –2.2 | –7.0 | +4.8 | –1.9 | 6(–) | 7.2 | 83.4 | 9.4 |
Wages and Benefits | 21.6 | 9.3 | +12.3 | 11.2 | 34(+) | 24.1 | 73.4 | 2.5 |
Input Prices | 24.6 | 37.7 | –13.1 | 22.6 | 37(+) | 37.2 | 50.2 | 12.6 |
Selling Prices | 8.7 | 17.3 | –8.6 | 13.9 | 36(+) | 29.3 | 50.1 | 20.6 |
Capital Expenditures | 11.2 | 4.4 | +6.8 | 8.1 | 28(+) | 22.9 | 65.4 | 11.7 |
Inventories | 17.0 | 2.8 | +14.2 | 2.3 | 12(+) | 34.9 | 47.2 | 17.9 |
| Companywide Retail Activity | ||||||||
Companywide Sales | –5.7 | –0.9 | –4.8 | 5.7 | 15(–) | 22.5 | 49.3 | 28.2 |
Companywide Internet Sales | –3.8 | –4.6 | +0.8 | 4.7 | 8(–) | 10.9 | 74.4 | 14.7 |
| General Business Conditions, Retail Current (versus previous month) | ||||||||
| Indicator | May Index | Apr Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | –9.2 | –16.1 | +6.9 | 2.4 | 15(–) | 9.9 | 71.0 | 19.1 |
General Business Activity | –22.3 | –27.1 | +4.8 | –1.5 | 13(–) | 10.1 | 57.5 | 32.4 |
| Outlook Uncertainty Current (versus previous month) | ||||||||
| Indicator | May Index | Apr Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty | 12.9 | 11.8 | +1.1 | 11.0 | null | 22.6 | 67.7 | 9.7 |
| Business Indicators Relating to Facilities and Products in Texas, Retail Future (six months ahead) | ||||||||
| Indicator | May Index | Apr Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | –3.6 | 15.7 | –19.3 | 31.4 | 1(–) | 27.7 | 41.0 | 31.3 |
Employment | 2.7 | 15.7 | –13.0 | 13.0 | 37(+) | 18.2 | 66.3 | 15.5 |
Part–Time Employment | –4.4 | –4.9 | +0.5 | 1.6 | 6(–) | 9.4 | 76.8 | 13.8 |
Hours Worked | –11.9 | –3.3 | –8.6 | 2.6 | 8(–) | 3.7 | 80.7 | 15.6 |
Wages and Benefits | 18.5 | 39.8 | –21.3 | 29.2 | 37(+) | 24.3 | 69.9 | 5.8 |
Input Prices | 18.3 | 43.4 | –25.1 | 34.3 | 37(+) | 38.3 | 41.7 | 20.0 |
Selling Prices | 1.7 | 22.6 | –20.9 | 29.7 | 37(+) | 27.1 | 47.5 | 25.4 |
Capital Expenditures | 1.7 | 3.7 | –2.0 | 17.5 | 36(+) | 20.3 | 61.0 | 18.6 |
Inventories | 10.9 | 22.3 | –11.4 | 10.8 | 37(+) | 35.9 | 39.1 | 25.0 |
| Companywide Retail Activity | ||||||||
Companywide Sales | –6.3 | 12.2 | –18.5 | 29.9 | 1(–) | 21.2 | 51.3 | 27.5 |
Companywide Internet Sales | –11.6 | 4.6 | –16.2 | 21.8 | 1(–) | 14.0 | 60.5 | 25.6 |
| General Business Conditions, Retail Future (six months ahead) | ||||||||
| Indicator | May Index | Apr Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | –13.4 | –11.5 | –1.9 | 15.7 | 13(–) | 16.2 | 54.2 | 29.6 |
General Business Activity | –25.6 | –20.8 | –4.8 | 11.1 | 14(–) | 12.8 | 48.8 | 38.4 |
*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.
Data have been seasonally adjusted as necessary.
Questions regarding the Texas Service Sector Outlook Survey can be addressed to Christopher Slijk at christopher.slijk@dal.frb.org.
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