Texas Service Sector Outlook Survey
Results Table
| Business Indicators Relating to Facilities and Products in Texas Current (versus previous month) | ||||||||
| Indicator | Mar Index | Feb Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 1.3 | 8.2 | –6.9 | 10.5 | 14(+) | 26.4 | 48.4 | 25.1 |
Employment | 2.2 | –0.1 | +2.3 | 6.1 | 1(+) | 12.4 | 77.4 | 10.2 |
Part–Time Employment | –1.7 | 1.0 | –2.7 | 1.3 | 1(–) | 4.1 | 90.1 | 5.8 |
Hours Worked | 0.8 | –1.0 | +1.8 | 2.6 | 1(+) | 7.9 | 85.0 | 7.1 |
Wages and Benefits | 10.3 | 11.1 | –0.8 | 15.7 | 58(+) | 16.2 | 77.9 | 5.9 |
Input Prices | 27.0 | 28.0 | –1.0 | 27.8 | 59(+) | 31.9 | 63.2 | 4.9 |
Selling Prices | 5.2 | 7.9 | –2.7 | 7.5 | 56(+) | 15.1 | 75.0 | 9.9 |
Capital Expenditures | 7.4 | 10.4 | –3.0 | 9.9 | 56(+) | 15.2 | 77.0 | 7.8 |
| General Business Conditions Current (versus previous month) | ||||||||
| Indicator | Mar Index | Feb Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | –12.5 | 1.1 | –13.6 | 4.3 | 1(–) | 11.6 | 64.3 | 24.1 |
General Business Activity | –11.3 | 4.6 | –15.9 | 2.3 | 1(–) | 12.2 | 64.3 | 23.5 |
| Indicator | Mar Index | Feb Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty | 27.3 | 14.2 | +13.1 | 13.2 | 46(+) | 38.5 | 50.4 | 11.2 |
| Business Indicators Relating to Facilities and Products in Texas Future (six months ahead) | ||||||||
| Indicator | Mar Index | Feb Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 30.9 | 43.9 | –13.0 | 37.5 | 59(+) | 47.0 | 36.9 | 16.1 |
Employment | 14.9 | 25.7 | –10.8 | 23.1 | 59(+) | 27.0 | 60.9 | 12.1 |
Part–Time Employment | –1.5 | 5.6 | –7.1 | 6.6 | 1(–) | 7.2 | 84.1 | 8.7 |
Hours Worked | 4.6 | 9.5 | –4.9 | 5.9 | 59(+) | 9.8 | 85.0 | 5.2 |
Wages and Benefits | 27.7 | 37.3 | –9.6 | 37.5 | 59(+) | 35.8 | 56.0 | 8.1 |
Input Prices | 41.2 | 42.9 | –1.7 | 44.3 | 219(+) | 46.4 | 48.4 | 5.2 |
Selling Prices | 20.6 | 22.8 | –2.2 | 24.5 | 59(+) | 29.5 | 61.6 | 8.9 |
Capital Expenditures | 11.9 | 20.3 | –8.4 | 22.7 | 58(+) | 23.3 | 65.4 | 11.4 |
| General Business Conditions Future (six months ahead) | ||||||||
| Indicator | Mar Index | Feb Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | –0.6 | 13.3 | –13.9 | 15.6 | 1(–) | 20.5 | 58.4 | 21.1 |
General Business Activity | –1.1 | 12.3 | –13.4 | 12.2 | 1(–) | 23.0 | 52.9 | 24.1 |
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 | Mar Index | Feb Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | –5.8 | 2.1 | –7.9 | 3.2 | 1(–) | 24.1 | 46.0 | 29.9 |
Employment | 10.2 | –1.5 | +11.7 | 1.6 | 1(+) | 13.9 | 82.4 | 3.7 |
Part–Time Employment | –2.2 | 2.8 | –5.0 | –1.5 | 1(–) | 2.0 | 93.8 | 4.2 |
Hours Worked | –5.0 | –0.4 | –4.6 | –2.2 | 4(–) | 2.2 | 90.6 | 7.2 |
Wages and Benefits | 12.3 | 15.0 | –2.7 | 11.2 | 56(+) | 18.5 | 75.3 | 6.2 |
Input Prices | 24.4 | 27.9 | –3.5 | 22.5 | 59(+) | 34.6 | 55.2 | 10.2 |
Selling Prices | 4.8 | 16.1 | –11.3 | 13.1 | 4(+) | 24.2 | 56.4 | 19.4 |
Capital Expenditures | 7.6 | 6.8 | +0.8 | 7.6 | 5(+) | 15.3 | 77.0 | 7.7 |
Inventories | –1.0 | –4.8 | +3.8 | 2.8 | 2(–) | 25.0 | 49.1 | 26.0 |
| Companywide Retail Activity | ||||||||
Companywide Sales | –11.0 | 15.0 | –26.0 | 4.4 | 1(–) | 20.1 | 48.8 | 31.1 |
Companywide Internet Sales | –1.6 | 7.4 | –9.0 | 3.9 | 1(–) | 12.3 | 73.8 | 13.9 |
| General Business Conditions, Retail Current (versus previous month) | ||||||||
| Indicator | Mar Index | Feb Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | –4.9 | –3.2 | –1.7 | 1.4 | 2(–) | 14.7 | 65.7 | 19.6 |
General Business Activity | –2.9 | –4.9 | +2.0 | –2.6 | 3(–) | 16.4 | 64.3 | 19.3 |
| Outlook Uncertainty Current (versus previous month) | ||||||||
| Indicator | Mar Index | Feb Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty | 12.8 | 14.0 | –1.2 | 11.0 | 8(+) | 28.3 | 56.2 | 15.5 |
| Business Indicators Relating to Facilities and Products in Texas, Retail Future (six months ahead) | ||||||||
| Indicator | Mar Index | Feb Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | 18.6 | 34.1 | –15.5 | 30.4 | 22(+) | 37.0 | 44.6 | 18.4 |
Employment | 16.4 | 20.9 | –4.5 | 12.7 | 6(+) | 25.9 | 64.6 | 9.5 |
Part–Time Employment | 2.5 | 4.7 | –2.2 | 1.6 | 6(+) | 7.0 | 88.5 | 4.5 |
Hours Worked | –7.7 | –0.7 | –7.0 | 2.3 | 3(–) | 3.6 | 85.1 | 11.3 |
Wages and Benefits | 12.3 | 28.5 | –16.2 | 29.0 | 59(+) | 25.8 | 60.6 | 13.5 |
Input Prices | 35.0 | 41.1 | –6.1 | 33.8 | 59(+) | 42.5 | 50.0 | 7.5 |
Selling Prices | 26.8 | 28.9 | –2.1 | 28.5 | 59(+) | 39.0 | 48.8 | 12.2 |
Capital Expenditures | 16.7 | 5.8 | +10.9 | 16.6 | 16(+) | 27.2 | 62.3 | 10.5 |
Inventories | 9.9 | –5.4 | +15.3 | 10.7 | 1(+) | 29.6 | 50.7 | 19.7 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 18.8 | 31.3 | –12.5 | 28.8 | 22(+) | 36.9 | 45.1 | 18.1 |
Companywide Internet Sales | 9.4 | 28.2 | –18.8 | 21.1 | 14(+) | 21.9 | 65.6 | 12.5 |
*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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