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 | –4.7 | 3.8 | –8.5 | 10.4 | 1(–) | 20.3 | 54.7 | 25.0 |
Employment | –0.2 | –5.1 | +4.9 | 6.0 | 2(–) | 11.1 | 77.6 | 11.3 |
Part–Time Employment | –0.7 | –3.4 | +2.7 | 1.3 | 3(–) | 5.0 | 89.3 | 5.7 |
Hours Worked | –1.2 | 1.6 | –2.8 | 2.5 | 1(–) | 6.1 | 86.6 | 7.3 |
Wages and Benefits | 9.7 | 9.1 | +0.6 | 15.6 | 60(+) | 13.2 | 83.3 | 3.5 |
Input Prices | 20.5 | 32.5 | –12.0 | 27.8 | 61(+) | 27.5 | 65.5 | 7.0 |
Selling Prices | 5.2 | 8.4 | –3.2 | 7.5 | 58(+) | 15.6 | 74.0 | 10.4 |
Capital Expenditures | 4.4 | 0.6 | +3.8 | 9.8 | 58(+) | 13.6 | 77.2 | 9.2 |
| 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 | –8.3 | –15.5 | +7.2 | 4.2 | 3(–) | 12.7 | 66.3 | 21.0 |
General Business Activity | –10.1 | –19.4 | +9.3 | 2.1 | 3(–) | 11.8 | 66.3 | 21.9 |
| Indicator | May Index | Apr Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty | 18.7 | 40.5 | –21.8 | 13.5 | 48(+) | 30.3 | 58.1 | 11.6 |
| 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 | 27.2 | 16.8 | +10.4 | 37.4 | 61(+) | 42.1 | 42.9 | 14.9 |
Employment | 17.6 | 9.8 | +7.8 | 23.0 | 61(+) | 25.2 | 67.2 | 7.6 |
Part–Time Employment | 3.2 | –2.0 | +5.2 | 6.5 | 1(+) | 10.1 | 83.0 | 6.9 |
Hours Worked | 4.7 | –0.2 | +4.9 | 5.9 | 1(+) | 8.7 | 87.3 | 4.0 |
Wages and Benefits | 34.2 | 29.2 | +5.0 | 37.4 | 61(+) | 35.9 | 62.4 | 1.7 |
Input Prices | 47.7 | 49.7 | –2.0 | 44.4 | 221(+) | 51.0 | 45.7 | 3.3 |
Selling Prices | 23.7 | 26.2 | –2.5 | 24.5 | 61(+) | 32.2 | 59.3 | 8.5 |
Capital Expenditures | 13.7 | 8.6 | +5.1 | 22.6 | 60(+) | 24.2 | 65.4 | 10.5 |
| 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 | 3.2 | –11.7 | +14.9 | 15.4 | 1(+) | 21.6 | 60.0 | 18.4 |
General Business Activity | –0.3 | –16.0 | +15.7 | 12.0 | 3(–) | 20.0 | 59.7 | 20.3 |
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 | –30.5 | 2.3 | –32.8 | 3.0 | 1(–) | 15.8 | 37.9 | 46.3 |
Employment | –8.1 | –8.1 | 0.0 | 1.5 | 2(–) | 10.0 | 71.9 | 18.1 |
Part–Time Employment | –3.6 | –7.2 | +3.6 | –1.5 | 3(–) | 9.1 | 78.2 | 12.7 |
Hours Worked | –3.8 | –3.8 | 0.0 | –2.2 | 6(–) | 4.0 | 88.2 | 7.8 |
Wages and Benefits | –1.1 | 1.0 | –2.1 | 11.1 | 1(–) | 10.2 | 78.5 | 11.3 |
Input Prices | 21.3 | 34.9 | –13.6 | 22.5 | 61(+) | 38.4 | 44.6 | 17.1 |
Selling Prices | 5.2 | 21.3 | –16.1 | 13.1 | 6(+) | 32.7 | 39.8 | 27.5 |
Capital Expenditures | –2.3 | –2.5 | +0.2 | 7.4 | 2(–) | 10.9 | 75.9 | 13.2 |
Inventories | –10.7 | –2.4 | –8.3 | 2.7 | 4(–) | 17.6 | 54.1 | 28.3 |
| Companywide Retail Activity | ||||||||
Companywide Sales | –35.8 | 4.7 | –40.5 | 4.2 | 1(–) | 12.4 | 39.5 | 48.2 |
Companywide Internet Sales | –25.2 | –2.8 | –22.4 | 3.7 | 3(–) | 11.3 | 52.2 | 36.5 |
| 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 | –25.3 | –25.0 | –0.3 | 1.2 | 4(–) | 10.1 | 54.5 | 35.4 |
General Business Activity | –23.7 | –14.8 | –8.9 | –2.7 | 5(–) | 10.3 | 55.7 | 34.0 |
| Outlook Uncertainty Current (versus previous month) | ||||||||
| Indicator | May Index | Apr Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty | 19.7 | 30.9 | –11.2 | 11.3 | 10(+) | 28.3 | 63.1 | 8.6 |
| 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 | 13.7 | 0.1 | +13.6 | 30.1 | 24(+) | 35.3 | 43.1 | 21.6 |
Employment | 11.0 | –0.3 | +11.3 | 12.6 | 1(+) | 19.7 | 71.7 | 8.7 |
Part–Time Employment | 2.8 | –16.7 | +19.5 | 1.5 | 1(+) | 13.2 | 76.4 | 10.4 |
Hours Worked | –1.4 | –14.5 | +13.1 | 2.2 | 5(–) | 6.4 | 85.8 | 7.8 |
Wages and Benefits | 26.2 | 17.2 | +9.0 | 28.9 | 61(+) | 30.0 | 66.3 | 3.8 |
Input Prices | 47.7 | 49.7 | –2.0 | 33.9 | 61(+) | 51.0 | 45.7 | 3.3 |
Selling Prices | 13.7 | 8.6 | +5.1 | 28.3 | 61(+) | 24.2 | 65.4 | 10.5 |
Capital Expenditures | 16.5 | –12.5 | +29.0 | 16.4 | 1(+) | 25.8 | 64.9 | 9.3 |
Inventories | 0.1 | –3.7 | +3.8 | 10.6 | 1(+) | 22.5 | 55.1 | 22.4 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 11.8 | –6.8 | +18.6 | 28.5 | 1(+) | 36.3 | 39.2 | 24.5 |
Companywide Internet Sales | 18.7 | 40.5 | –21.8 | 21.1 | 16(+) | 30.3 | 58.1 | 11.6 |
| 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 | –3.3 | –25.1 | +21.8 | 14.7 | 3(–) | 18.7 | 59.3 | 22.0 |
General Business Activity | –1.3 | –24.2 | +22.9 | 10.2 | 2(–) | 21.6 | 55.5 | 22.9 |
*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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