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 | 8.2 | 5.7 | +2.5 | 10.6 | 13(+) | 27.4 | 53.4 | 19.2 |
Employment | –0.1 | –1.4 | +1.3 | 6.1 | 2(–) | 12.0 | 75.9 | 12.1 |
Part–Time Employment | 1.0 | 4.5 | –3.5 | 1.4 | 2(+) | 4.4 | 92.2 | 3.4 |
Hours Worked | –1.0 | 3.6 | –4.6 | 2.6 | 1(–) | 5.0 | 89.0 | 6.0 |
Wages and Benefits | 11.1 | 15.7 | –4.6 | 15.7 | 57(+) | 15.0 | 81.1 | 3.9 |
Input Prices | 28.0 | 27.4 | +0.6 | 27.8 | 58(+) | 32.4 | 63.2 | 4.4 |
Selling Prices | 7.9 | 13.7 | –5.8 | 7.6 | 55(+) | 16.6 | 74.7 | 8.7 |
Capital Expenditures | 10.4 | 12.5 | –2.1 | 9.9 | 55(+) | 13.8 | 82.8 | 3.4 |
| 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 | 1.1 | 14.8 | –13.7 | 4.4 | 6(+) | 19.1 | 62.9 | 18.0 |
General Business Activity | 4.6 | 7.4 | –2.8 | 2.4 | 5(+) | 18.2 | 68.2 | 13.6 |
| Indicator | Feb Index | Jan Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty | 14.2 | 3.0 | +11.2 | 13.0 | 45(+) | 29.8 | 54.6 | 15.6 |
| 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 | 43.9 | 55.0 | –11.1 | 37.5 | 58(+) | 56.1 | 31.7 | 12.2 |
Employment | 25.7 | 35.7 | –10.0 | 23.1 | 58(+) | 37.3 | 51.1 | 11.6 |
Part–Time Employment | 5.6 | 7.1 | –1.5 | 6.6 | 9(+) | 11.3 | 83.0 | 5.7 |
Hours Worked | 9.5 | 11.8 | –2.3 | 5.9 | 58(+) | 13.6 | 82.3 | 4.1 |
Wages and Benefits | 37.3 | 45.6 | –8.3 | 37.5 | 58(+) | 40.6 | 56.1 | 3.3 |
Input Prices | 42.9 | 43.4 | –0.5 | 44.3 | 218(+) | 48.3 | 46.2 | 5.4 |
Selling Prices | 22.8 | 24.1 | –1.3 | 24.5 | 58(+) | 32.4 | 58.0 | 9.6 |
Capital Expenditures | 20.3 | 24.2 | –3.9 | 22.8 | 57(+) | 26.4 | 67.5 | 6.1 |
| 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 | 13.3 | 35.4 | –22.1 | 15.7 | 15(+) | 29.8 | 53.7 | 16.5 |
General Business Activity | 12.3 | 31.2 | –18.9 | 12.2 | 10(+) | 29.9 | 52.5 | 17.6 |
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 | 2.1 | –19.0 | +21.1 | 3.2 | 1(+) | 26.8 | 48.5 | 24.7 |
Employment | –1.5 | –9.1 | +7.6 | 1.5 | 2(–) | 8.2 | 82.1 | 9.7 |
Part–Time Employment | 2.8 | 6.4 | –3.6 | –1.5 | 4(+) | 3.7 | 95.4 | 0.9 |
Hours Worked | –0.4 | –4.8 | +4.4 | –2.2 | 3(–) | 2.4 | 94.8 | 2.8 |
Wages and Benefits | 15.0 | 12.2 | +2.8 | 11.2 | 55(+) | 15.0 | 85.0 | 0.0 |
Input Prices | 27.9 | 32.2 | –4.3 | 22.5 | 58(+) | 40.4 | 47.0 | 12.5 |
Selling Prices | 16.1 | 18.5 | –2.4 | 13.1 | 3(+) | 28.8 | 58.5 | 12.7 |
Capital Expenditures | 6.8 | 6.4 | +0.4 | 7.6 | 4(+) | 9.7 | 87.4 | 2.9 |
Inventories | –4.8 | 11.5 | –16.3 | 2.8 | 1(–) | 15.0 | 65.2 | 19.8 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 15.0 | –7.0 | +22.0 | 4.5 | 1(+) | 27.6 | 59.8 | 12.6 |
Companywide Internet Sales | 7.4 | –7.1 | +14.5 | 3.9 | 1(+) | 16.4 | 74.6 | 9.0 |
| 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 | –3.2 | 7.7 | –10.9 | 1.4 | 1(–) | 16.0 | 64.8 | 19.2 |
General Business Activity | –4.9 | –4.5 | –0.4 | –2.6 | 2(–) | 10.7 | 73.7 | 15.6 |
| Outlook Uncertainty Current (versus previous month) | ||||||||
| Indicator | Feb Index | Jan Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty | 14.0 | 5.7 | +8.3 | 11.0 | 7(+) | 27.9 | 58.2 | 13.9 |
| 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 | 34.1 | 51.6 | –17.5 | 30.4 | 21(+) | 47.4 | 39.2 | 13.3 |
Employment | 20.9 | 28.9 | –8.0 | 12.7 | 5(+) | 29.7 | 61.5 | 8.8 |
Part–Time Employment | 4.7 | 0.9 | +3.8 | 1.6 | 5(+) | 9.9 | 84.9 | 5.2 |
Hours Worked | –0.7 | –1.0 | +0.3 | 2.4 | 2(–) | 4.8 | 89.7 | 5.5 |
Wages and Benefits | 28.5 | 31.9 | –3.4 | 29.1 | 58(+) | 31.6 | 65.3 | 3.1 |
Input Prices | 41.1 | 35.1 | +6.0 | 33.8 | 58(+) | 46.2 | 48.7 | 5.1 |
Selling Prices | 28.9 | 15.7 | +13.2 | 28.5 | 58(+) | 36.8 | 55.3 | 7.9 |
Capital Expenditures | 5.8 | 17.3 | –11.5 | 16.6 | 15(+) | 16.0 | 73.8 | 10.2 |
Inventories | –5.4 | 12.2 | –17.6 | 10.7 | 1(–) | 16.4 | 61.8 | 21.8 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 31.3 | 38.3 | –7.0 | 28.8 | 21(+) | 41.8 | 47.8 | 10.5 |
Companywide Internet Sales | 28.2 | 33.4 | –5.2 | 21.1 | 13(+) | 31.3 | 65.6 | 3.1 |
| 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 | 14.2 | 22.0 | –7.8 | 15.1 | 5(+) | 29.3 | 55.6 | 15.1 |
General Business Activity | 3.7 | 19.4 | –15.7 | 10.5 | 5(+) | 23.9 | 55.9 | 20.2 |
*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 Jesus Cañas at jesus.canas@dal.frb.org.
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