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Surveys
Texas Service Sector Outlook Survey

Texas Service Sector Outlook Survey

October 1, 2024

Results Table

Report


Historical data are available from January 2007 to the most current release month.

Business Indicators Relating to Facilities and Products in Texas
Current (versus previous month)
IndicatorSep IndexAug IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease

Revenue

10.1

8.7

+1.4

10.6

8(+)

27.3

55.5

17.2

Employment

2.0

0.6

+1.4

6.2

2(+)

12.6

76.8

10.6

Part–Time Employment

–0.4

–4.9

+4.5

1.3

5(–)

4.9

89.8

5.3

Hours Worked

–0.8

–0.7

–0.1

2.6

3(–)

7.1

85.0

7.9

Wages and Benefits

12.3

14.2

–1.9

15.8

52(+)

16.3

79.7

4.0

Input Prices

23.3

28.4

–5.1

27.9

53(+)

28.1

67.1

4.8

Selling Prices

5.4

4.5

+0.9

7.6

50(+)

15.9

73.6

10.5

Capital Expenditures

7.6

5.3

+2.3

9.9

50(+)

13.9

79.8

6.3

General Business Conditions
Current (versus previous month)
IndicatorSep IndexAug IndexChangeSeries
Average
Trend**% Reporting Improved% Reporting
No Change
% Reporting Worsened

Company Outlook

1.2

–3.1

+4.3

4.3

1(+)

18.0

65.2

16.8

General Business Activity

–2.6

–7.7

+5.1

2.2

28(–)

17.5

62.4

20.1

IndicatorSep IndexAug IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease

Outlook Uncertainty

9.4

13.9

–4.5

13.4

40(+)

23.6

62.2

14.2

Business Indicators Relating to Facilities and Products in Texas
Future (six months ahead)
IndicatorSep IndexAug IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease

Revenue

35.1

31.3

+3.8

37.3

53(+)

49.8

35.6

14.7

Employment

16.0

17.1

–1.1

23.0

53(+)

26.5

63.0

10.5

Part–Time Employment

0.9

1.8

–0.9

6.6

4(+)

7.1

86.7

6.2

Hours Worked

6.6

4.1

+2.5

5.8

53(+)

11.4

83.8

4.8

Wages and Benefits

37.1

33.5

+3.6

37.4

53(+)

40.6

55.9

3.5

Input Prices

32.9

36.6

–3.7

44.4

213(+)

40.2

52.5

7.3

Selling Prices

14.6

18.0

–3.4

24.5

53(+)

27.6

59.4

13.0

Capital Expenditures

13.8

13.9

–0.1

22.8

52(+)

24.6

64.6

10.8

General Business Conditions
Future (six months ahead)
IndicatorSep IndexAug IndexChangeSeries
Average
Trend**% Reporting Improved% Reporting
No Change
% Reporting Worsened

Company Outlook

17.4

12.4

+5.0

15.4

11(+)

33.2

51.0

15.8

General Business Activity

16.0

3.3

+12.7

11.9

5(+)

32.2

51.6

16.2

 
Texas Retail Outlook Survey

Texas Retail Outlook Survey

October 1, 2024

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)
IndicatorSep IndexAug IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease
Retail Activity in Texas

Sales

–8.9

–6.2

–2.7

3.3

17(–)

20.4

50.3

29.3

Employment

–7.7

–5.9

–1.8

1.6

7(–)

8.1

76.1

15.8

Part–Time Employment

–5.0

–18.6

+13.6

–1.6

2(–)

3.9

87.2

8.9

Hours Worked

–9.9

–8.6

–1.3

–2.3

9(–)

5.6

78.9

15.5

Wages and Benefits

3.9

5.5

–1.6

11.2

50(+)

14.4

75.1

10.5

Input Prices

16.3

21.4

–5.1

22.6

53(+)

28.2

59.9

11.9

Selling Prices

3.1

0.8

+2.3

13.3

2(+)

22.3

58.5

19.2

Capital Expenditures

7.5

1.7

+5.8

7.6

2(+)

15.9

75.7

8.4

Inventories

0.6

15.8

–15.2

2.7

2(+)

19.9

60.8

19.3

Companywide Retail Activity

Companywide Sales

–6.8

–12.9

+6.1

4.5

6(–)

19.6

54.0

26.4

Companywide Internet Sales

–0.3

–10.9

+10.6

3.9

2(–)

18.8

62.1

19.1

General Business Conditions, Retail
Current (versus previous month)
IndicatorSep IndexAug IndexChangeSeries
Average
Trend**% Reporting Improved% Reporting
No Change
% Reporting Worsened

Company Outlook

–18.5

–11.8

–6.7

1.4

12(–)

10.2

61.1

28.7

General Business Activity

–14.9

–15.9

+1.0

–2.6

15(–)

11.7

61.7

26.6

Outlook Uncertainty
Current (versus previous month)
IndicatorSep IndexAug IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease

Outlook Uncertainty

18.2

8.7

+9.5

11.1

2(+)

27.3

63.6

9.1

Business Indicators Relating to Facilities and Products in Texas, Retail
Future (six months ahead)
IndicatorSep IndexAug IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease
Retail Activity in Texas

Sales

15.8

14.2

+1.6

30.4

16(+)

35.6

44.6

19.8

Employment

–6.7

–4.2

–2.5

12.6

3(–)

9.0

75.3

15.7

Part–Time Employment

–7.5

–1.5

–6.0

1.5

4(–)

3.0

86.5

10.5

Hours Worked

–2.6

–3.3

+0.7

2.4

2(–)

6.7

84.0

9.3

Wages and Benefits

20.4

14.9

+5.5

29.0

53(+)

26.9

66.6

6.5

Input Prices

24.5

26.7

–2.2

33.7

53(+)

35.8

52.8

11.3

Selling Prices

3.8

13.3

–9.5

28.6

53(+)

26.4

50.9

22.6

Capital Expenditures

–0.2

4.9

–5.1

16.6

1(–)

18.8

62.2

19.0

Inventories

12.3

21.4

–9.1

10.8

11(+)

27.6

57.1

15.3

Companywide Retail Activity

Companywide Sales

5.8

16.2

–10.4

28.8

16(+)

28.3

49.2

22.5

Companywide Internet Sales

2.5

9.7

–7.2

21.0

8(+)

17.5

67.5

15.0

General Business Conditions, Retail
Future (six months ahead)
IndicatorSep IndexAug IndexChangeSeries
Average
Trend**% Reporting Improved% Reporting
No Change
% Reporting Worsened

Company Outlook

–6.3

3.5

–9.8

14.8

1(–)

17.9

57.9

24.2

General Business Activity

–1.8

2.2

–4.0

10.2

1(–)

24.5

49.3

26.3

*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 Jesus Cañas at jesus.canas@dal.frb.org.

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