Texas Service Sector Outlook Survey
Results Table
| Business Indicators Relating to Facilities and Products in Texas Current (versus previous month) | ||||||||
| Indicator | Feb Index | Jan Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 5.2 | –3.6 | +8.8 | 10.7 | 1(+) | 27.8 | 49.7 | 22.6 |
Employment | 3.8 | 2.5 | +1.3 | 6.4 | 4(+) | 15.4 | 73.0 | 11.6 |
Part–Time Employment | 2.8 | –0.6 | +3.4 | 1.5 | 1(+) | 7.9 | 87.0 | 5.1 |
Hours Worked | 0.3 | –4.5 | +4.8 | 2.7 | 1(+) | 7.9 | 84.5 | 7.6 |
Wages and Benefits | 15.4 | 17.0 | –1.6 | 15.8 | 45(+) | 19.2 | 77.0 | 3.8 |
Input Prices | 34.3 | 33.6 | +0.7 | 28.0 | 46(+) | 37.0 | 60.3 | 2.7 |
Selling Prices | 7.7 | 8.7 | –1.0 | 7.7 | 43(+) | 16.7 | 74.2 | 9.0 |
Capital Expenditures | 10.3 | 6.0 | +4.3 | 10.0 | 43(+) | 17.6 | 75.1 | 7.3 |
| General Business Conditions Current (versus previous month) | ||||||||
| Indicator | Feb Index | Jan Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 3.8 | –4.9 | +8.7 | 4.5 | 1(+) | 16.8 | 70.3 | 13.0 |
General Business Activity | –3.9 | –9.3 | +5.4 | 2.5 | 21(–) | 14.6 | 66.9 | 18.5 |
| Indicator | Feb Index | Jan Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty | 6.7 | 14.7 | –8.0 | 13.5 | 33(+) | 18.6 | 69.6 | 11.9 |
| Business Indicators Relating to Facilities and Products in Texas Future (six months ahead) | ||||||||
| Indicator | Feb Index | Jan Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 37.8 | 36.7 | +1.1 | 37.4 | 46(+) | 48.6 | 40.6 | 10.8 |
Employment | 20.9 | 17.0 | +3.9 | 23.2 | 46(+) | 30.9 | 59.1 | 10.0 |
Part–Time Employment | 6.8 | 8.9 | –2.1 | 6.7 | 20(+) | 11.4 | 84.0 | 4.6 |
Hours Worked | 5.5 | 3.5 | +2.0 | 5.9 | 46(+) | 10.8 | 83.9 | 5.3 |
Wages and Benefits | 33.7 | 32.5 | +1.2 | 37.4 | 46(+) | 37.7 | 58.3 | 4.0 |
Input Prices | 40.3 | 44.3 | –4.0 | 44.7 | 206(+) | 45.9 | 48.5 | 5.6 |
Selling Prices | 22.5 | 25.3 | –2.8 | 24.7 | 46(+) | 32.1 | 58.3 | 9.6 |
Capital Expenditures | 18.1 | 18.5 | –0.4 | 23.0 | 45(+) | 25.0 | 68.1 | 6.9 |
| General Business Conditions Future (six months ahead) | ||||||||
| Indicator | Feb Index | Jan Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 15.6 | 8.6 | +7.0 | 15.5 | 4(+) | 27.2 | 61.2 | 11.6 |
General Business Activity | 12.0 | 4.6 | +7.4 | 12.1 | 3(+) | 27.2 | 57.6 | 15.2 |
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 | Feb Index | Jan Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | –5.3 | –28.6 | +23.3 | 3.8 | 10(–) | 27.6 | 39.4 | 32.9 |
Employment | 2.4 | –8.4 | +10.8 | 1.8 | 1(+) | 10.2 | 82.0 | 7.8 |
Part–Time Employment | 4.5 | –4.0 | +8.5 | –1.5 | 1(+) | 10.5 | 83.5 | 6.0 |
Hours Worked | –4.6 | –16.9 | +12.3 | –2.0 | 2(–) | 7.1 | 81.2 | 11.7 |
Wages and Benefits | 12.9 | 8.5 | +4.4 | 11.2 | 43(+) | 15.7 | 81.5 | 2.8 |
Input Prices | 22.3 | 33.4 | –11.1 | 22.8 | 46(+) | 34.1 | 54.1 | 11.8 |
Selling Prices | 3.8 | 8.5 | –4.7 | 13.8 | 45(+) | 25.9 | 52.0 | 22.1 |
Capital Expenditures | 12.6 | 2.5 | +10.1 | 7.9 | 3(+) | 20.3 | 72.0 | 7.7 |
Inventories | 18.9 | 9.1 | +9.8 | 2.7 | 4(+) | 35.0 | 48.9 | 16.1 |
| Companywide Retail Activity | ||||||||
Companywide Sales | –12.6 | –23.2 | +10.6 | 5.0 | 6(–) | 20.6 | 46.3 | 33.2 |
Companywide Internet Sales | –11.8 | –16.9 | +5.1 | 4.1 | 6(–) | 9.6 | 69.0 | 21.4 |
| General Business Conditions, Retail Current (versus previous month) | ||||||||
| Indicator | Feb Index | Jan Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | –5.0 | –17.8 | +12.8 | 1.9 | 5(–) | 9.7 | 75.6 | 14.7 |
General Business Activity | –18.0 | –25.4 | +7.4 | –2.1 | 8(–) | 5.9 | 70.2 | 23.9 |
| Outlook Uncertainty Current (versus previous month) | ||||||||
| Indicator | Feb Index | Jan Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty | 9.5 | 15.8 | –6.3 | 11.4 | 3(+) | 17.0 | 75.5 | 7.5 |
| Business Indicators Relating to Facilities and Products in Texas, Retail Future (six months ahead) | ||||||||
| Indicator | Feb Index | Jan Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | 8.7 | 19.1 | –10.4 | 30.6 | 9(+) | 27.7 | 53.3 | 19.0 |
Employment | 9.3 | 11.4 | –2.1 | 12.9 | 14(+) | 14.4 | 80.5 | 5.1 |
Part–Time Employment | 5.8 | 11.9 | –6.1 | 1.6 | 3(+) | 9.8 | 86.2 | 4.0 |
Hours Worked | –8.0 | 2.2 | –10.2 | 2.5 | 1(–) | 0.2 | 91.6 | 8.2 |
Wages and Benefits | 22.5 | 25.4 | –2.9 | 29.0 | 46(+) | 23.0 | 76.5 | 0.5 |
Input Prices | 14.0 | 39.2 | –25.2 | 34.0 | 46(+) | 28.0 | 58.0 | 14.0 |
Selling Prices | 2.0 | 21.2 | –19.2 | 29.1 | 46(+) | 27.5 | 47.1 | 25.5 |
Capital Expenditures | 5.4 | 11.5 | –6.1 | 16.9 | 3(+) | 14.0 | 77.4 | 8.6 |
Inventories | 8.6 | 3.6 | +5.0 | 10.7 | 4(+) | 25.7 | 57.2 | 17.1 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 8.0 | 1.9 | +6.1 | 29.2 | 9(+) | 22.6 | 62.8 | 14.6 |
Companywide Internet Sales | 5.3 | 0.0 | +5.3 | 21.3 | 1(+) | 15.8 | 73.7 | 10.5 |
| General Business Conditions, Retail Future (six months ahead) | ||||||||
| Indicator | Feb Index | Jan Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 4.2 | –1.7 | +5.9 | 15.1 | 1(+) | 16.7 | 70.8 | 12.5 |
General Business Activity | –0.9 | –9.3 | +8.4 | 10.5 | 6(–) | 17.5 | 64.1 | 18.4 |
*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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