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 | 6.7 | 0.3 | +6.4 | 10.6 | 4(+) | 28.0 | 50.7 | 21.3 |
Employment | 3.9 | –2.6 | +6.5 | 6.3 | 1(+) | 12.6 | 78.7 | 8.7 |
Part–Time Employment | –2.5 | 0.1 | –2.6 | 1.4 | 1(–) | 3.5 | 90.5 | 6.0 |
Hours Worked | –0.4 | –2.1 | +1.7 | 2.6 | 2(–) | 6.4 | 86.8 | 6.8 |
Wages and Benefits | 16.1 | 14.2 | +1.9 | 15.8 | 48(+) | 19.5 | 77.1 | 3.4 |
Input Prices | 20.7 | 28.8 | –8.1 | 28.0 | 49(+) | 27.0 | 66.7 | 6.3 |
Selling Prices | 3.9 | 3.9 | 0.0 | 7.6 | 46(+) | 14.2 | 75.5 | 10.3 |
Capital Expenditures | 3.4 | 5.4 | –2.0 | 9.9 | 46(+) | 10.8 | 81.8 | 7.4 |
| 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 | –5.7 | –1.8 | –3.9 | 4.4 | 3(–) | 11.3 | 71.7 | 17.0 |
General Business Activity | –12.1 | –10.6 | –1.5 | 2.3 | 24(–) | 10.8 | 66.3 | 22.9 |
| Indicator | May Index | Apr Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty | 12.1 | 13.4 | –1.3 | 13.5 | 36(+) | 23.0 | 66.2 | 10.9 |
| 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 | 31.1 | 33.3 | –2.2 | 37.4 | 49(+) | 45.6 | 39.9 | 14.5 |
Employment | 13.2 | 13.1 | +0.1 | 23.1 | 49(+) | 25.7 | 61.8 | 12.5 |
Part–Time Employment | –0.5 | 3.1 | –3.6 | 6.7 | 1(–) | 8.8 | 81.9 | 9.3 |
Hours Worked | 6.7 | 5.7 | +1.0 | 5.9 | 49(+) | 12.2 | 82.3 | 5.5 |
Wages and Benefits | 33.0 | 35.6 | –2.6 | 37.4 | 49(+) | 36.9 | 59.3 | 3.9 |
Input Prices | 39.9 | 40.2 | –0.3 | 44.6 | 209(+) | 44.7 | 50.5 | 4.8 |
Selling Prices | 16.4 | 26.2 | –9.8 | 24.7 | 49(+) | 26.4 | 63.6 | 10.0 |
Capital Expenditures | 8.7 | 16.3 | –7.6 | 22.9 | 48(+) | 18.9 | 71.0 | 10.2 |
| 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 | 7.6 | 8.0 | –0.4 | 15.4 | 7(+) | 22.6 | 62.4 | 15.0 |
General Business Activity | 1.1 | –1.9 | +3.0 | 11.9 | 1(+) | 20.1 | 60.9 | 19.0 |
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 | May Index | Apr Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | –16.4 | –10.4 | –6.0 | 3.6 | 13(–) | 19.6 | 44.3 | 36.0 |
Employment | –5.2 | –0.5 | –4.7 | 1.8 | 3(–) | 6.6 | 81.6 | 11.8 |
Part–Time Employment | –7.0 | 2.6 | –9.6 | –1.5 | 1(–) | 2.3 | 88.4 | 9.3 |
Hours Worked | –4.2 | –12.8 | +8.6 | –2.1 | 5(–) | 5.1 | 85.6 | 9.3 |
Wages and Benefits | 14.1 | 11.0 | +3.1 | 11.3 | 46(+) | 18.6 | 76.9 | 4.5 |
Input Prices | 10.7 | 12.7 | –2.0 | 22.7 | 49(+) | 30.3 | 50.1 | 19.6 |
Selling Prices | –9.1 | –8.0 | –1.1 | 13.5 | 2(–) | 19.7 | 51.5 | 28.8 |
Capital Expenditures | –2.2 | 1.7 | –3.9 | 7.8 | 1(–) | 11.0 | 75.8 | 13.2 |
Inventories | 2.4 | –3.0 | +5.4 | 2.7 | 1(+) | 21.1 | 60.2 | 18.7 |
| Companywide Retail Activity | ||||||||
Companywide Sales | –17.8 | –11.7 | –6.1 | 4.8 | 2(–) | 16.3 | 49.6 | 34.1 |
Companywide Internet Sales | –0.7 | –3.4 | +2.7 | 4.1 | 2(–) | 14.0 | 71.4 | 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 | –15.7 | –6.4 | –9.3 | 1.8 | 8(–) | 5.9 | 72.5 | 21.6 |
General Business Activity | –28.8 | –18.0 | –10.8 | –2.3 | 11(–) | 5.0 | 61.2 | 33.8 |
| Outlook Uncertainty Current (versus previous month) | ||||||||
| Indicator | May Index | Apr Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty | 15.1 | 9.3 | +5.8 | 11.2 | 2(+) | 22.6 | 69.8 | 7.5 |
| 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 | 19.6 | 31.4 | –11.8 | 30.6 | 12(+) | 35.1 | 49.3 | 15.5 |
Employment | 6.3 | 9.6 | –3.3 | 12.8 | 17(+) | 15.7 | 74.9 | 9.4 |
Part–Time Employment | 5.3 | 3.2 | +2.1 | 1.6 | 6(+) | 11.3 | 82.7 | 6.0 |
Hours Worked | 3.9 | –0.7 | +4.6 | 2.4 | 1(+) | 10.4 | 83.1 | 6.5 |
Wages and Benefits | 30.6 | 31.7 | –1.1 | 29.1 | 49(+) | 33.9 | 62.8 | 3.3 |
Input Prices | 32.0 | 25.5 | +6.5 | 34.0 | 49(+) | 40.0 | 52.0 | 8.0 |
Selling Prices | 10.0 | 19.6 | –9.6 | 29.0 | 49(+) | 28.0 | 54.0 | 18.0 |
Capital Expenditures | 8.3 | 13.4 | –5.1 | 16.8 | 6(+) | 20.0 | 68.3 | 11.7 |
Inventories | 7.0 | 4.2 | +2.8 | 10.7 | 7(+) | 27.0 | 53.0 | 20.0 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 12.2 | 29.8 | –17.6 | 29.1 | 12(+) | 28.9 | 54.4 | 16.7 |
Companywide Internet Sales | 7.5 | 28.9 | –21.4 | 21.3 | 4(+) | 17.5 | 72.5 | 10.0 |
| 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 | 6.2 | 15.3 | –9.1 | 15.1 | 4(+) | 21.7 | 62.8 | 15.5 |
General Business Activity | –1.5 | 11.1 | –12.6 | 10.4 | 1(–) | 16.7 | 65.1 | 18.2 |
*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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