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Surveys
Texas Service Sector Outlook Survey

Texas Service Sector Outlook Survey

October 29, 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)
IndicatorOct IndexSep IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease

Revenue

9.2

10.1

–0.9

10.6

9(+)

28.0

53.2

18.8

Employment

–0.2

2.0

–2.2

6.2

1(–)

10.9

78.0

11.1

Part–Time Employment

–2.0

–0.4

–1.6

1.3

6(–)

3.8

90.4

5.8

Hours Worked

2.5

–0.8

+3.3

2.6

1(+)

7.1

88.3

4.6

Wages and Benefits

16.3

12.3

+4.0

15.8

53(+)

19.1

78.1

2.8

Input Prices

26.1

23.3

+2.8

27.9

54(+)

31.3

63.5

5.2

Selling Prices

4.0

5.4

–1.4

7.6

51(+)

16.0

72.0

12.0

Capital Expenditures

9.2

7.6

+1.6

9.9

51(+)

15.1

79.0

5.9

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

Company Outlook

3.8

1.2

+2.6

4.3

2(+)

14.4

75.0

10.6

General Business Activity

2.0

–2.6

+4.6

2.2

1(+)

15.6

70.8

13.6

IndicatorOct IndexSep IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease

Outlook Uncertainty

17.9

9.4

+8.5

13.4

41(+)

23.3

71.3

5.4

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

Revenue

40.1

35.1

+5.0

37.3

54(+)

52.2

35.7

12.1

Employment

23.6

16.0

+7.6

23.0

54(+)

30.5

62.5

6.9

Part–Time Employment

5.6

0.9

+4.7

6.6

5(+)

9.7

86.2

4.1

Hours Worked

6.2

6.6

–0.4

5.8

54(+)

10.0

86.2

3.8

Wages and Benefits

45.9

37.1

+8.8

37.4

54(+)

47.2

51.5

1.3

Input Prices

43.9

32.9

+11.0

44.4

214(+)

51.0

42.0

7.1

Selling Prices

26.2

14.6

+11.6

24.5

54(+)

35.4

55.4

9.2

Capital Expenditures

22.5

13.8

+8.7

22.8

53(+)

28.0

66.6

5.5

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

Company Outlook

25.7

17.4

+8.3

15.5

12(+)

34.8

56.1

9.1

General Business Activity

25.3

16.0

+9.3

12.0

6(+)

33.9

57.5

8.6

 
Texas Retail Outlook Survey

Texas Retail Outlook Survey

October 29, 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)
IndicatorOct IndexSep IndexChangeSeries
Average
Trend*% Reporting Increase% Reporting
No Change
% Reporting Decrease
Retail Activity in Texas

Sales

–11.4

–8.9

–2.5

3.2

18(–)

22.0

44.7

33.4

Employment

–3.8

–7.7

+3.9

1.6

8(–)

8.4

79.4

12.2

Part–Time Employment

–2.7

–5.0

+2.3

–1.6

3(–)

4.2

88.9

6.9

Hours Worked

1.0

–9.9

+10.9

–2.3

1(+)

5.6

89.8

4.6

Wages and Benefits

3.8

3.9

–0.1

11.2

51(+)

7.0

89.8

3.2

Input Prices

18.7

16.3

+2.4

22.5

54(+)

28.9

60.9

10.2

Selling Prices

–1.0

3.1

–4.1

13.2

1(–)

23.6

51.8

24.6

Capital Expenditures

–1.1

7.5

–8.6

7.6

1(–)

10.9

77.1

12.0

Inventories

7.6

0.6

+7.0

2.7

3(+)

30.4

46.8

22.8

Companywide Retail Activity

Companywide Sales

–9.4

–6.8

–2.6

4.4

7(–)

20.7

49.2

30.1

Companywide Internet Sales

–16.4

–0.3

–16.1

3.8

3(–)

9.5

64.6

25.9

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

Company Outlook

–11.1

–18.5

+7.4

1.4

13(–)

5.9

77.1

17.0

General Business Activity

–19.8

–14.9

–4.9

–2.7

16(–)

10.6

59.0

30.4

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

Outlook Uncertainty

27.1

18.2

+8.9

11.3

3(+)

31.3

64.6

4.2

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

Sales

24.8

15.8

+9.0

30.3

17(+)

37.8

49.2

13.0

Employment

7.1

–6.7

+13.8

12.6

1(+)

13.2

80.7

6.1

Part–Time Employment

1.0

–7.5

+8.5

1.5

1(+)

4.1

92.8

3.1

Hours Worked

5.0

–2.6

+7.6

2.4

1(+)

6.6

91.8

1.6

Wages and Benefits

24.1

20.4

+3.7

29.0

54(+)

25.4

73.3

1.3

Input Prices

40.0

24.5

+15.5

33.8

54(+)

48.9

42.2

8.9

Selling Prices

28.9

3.8

+25.1

28.6

54(+)

42.2

44.4

13.3

Capital Expenditures

11.2

–0.2

+11.4

16.6

1(+)

22.7

65.9

11.5

Inventories

17.0

12.3

+4.7

10.8

12(+)

28.5

60.0

11.5

Companywide Retail Activity

Companywide Sales

29.3

5.8

+23.5

28.8

17(+)

36.9

55.5

7.6

Companywide Internet Sales

21.0

2.5

+18.5

21.0

9(+)

28.9

63.2

7.9

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

Company Outlook

25.6

–6.3

+31.9

14.9

1(+)

32.2

61.2

6.6

General Business Activity

25.7

–1.8

+27.5

10.3

1(+)

34.4

56.9

8.7

*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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