Texas Service Sector Outlook Survey
Results Table
| Business Indicators Relating to Facilities and Products in Texas Current (versus previous month) | ||||||||
| Indicator | Dec Index | Nov Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 0.1 | –2.5 | +2.6 | 10.1 | 1(+) | 25.6 | 48.9 | 25.5 |
Employment | –0.8 | 3.1 | –3.9 | 5.8 | 1(–) | 13.8 | 71.6 | 14.6 |
Part–Time Employment | –0.8 | 0.2 | –1.0 | 1.2 | 1(–) | 5.2 | 88.8 | 6.0 |
Hours Worked | –2.4 | –0.7 | –1.7 | 2.5 | 4(–) | 8.3 | 81.0 | 10.7 |
Wages and Benefits | 10.8 | 14.7 | –3.9 | 15.5 | 67(+) | 16.1 | 78.6 | 5.3 |
Input Prices | 26.2 | 27.6 | –1.4 | 27.7 | 68(+) | 31.9 | 62.4 | 5.7 |
Selling Prices | 7.9 | 6.5 | +1.4 | 7.5 | 65(+) | 18.8 | 70.3 | 10.9 |
Capital Expenditures | 10.1 | 5.8 | +4.3 | 9.7 | 65(+) | 18.4 | 73.3 | 8.3 |
| General Business Conditions Current (versus previous month) | ||||||||
| Indicator | Dec Index | Nov Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | –2.9 | –4.2 | +1.3 | 3.9 | 4(–) | 17.0 | 63.1 | 19.9 |
General Business Activity | –3.3 | –2.3 | –1.0 | 2.0 | 4(–) | 16.4 | 63.9 | 19.7 |
| Indicator | Dec Index | Nov Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty | 15.9 | 18.2 | –2.3 | 13.8 | 55(+) | 27.2 | 61.5 | 11.3 |
| Business Indicators Relating to Facilities and Products in Texas Future (six months ahead) | ||||||||
| Indicator | Dec Index | Nov Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Revenue | 35.3 | 34.0 | +1.3 | 37.2 | 68(+) | 49.6 | 36.1 | 14.3 |
Employment | 20.4 | 20.1 | +0.3 | 22.9 | 68(+) | 29.9 | 60.6 | 9.5 |
Part–Time Employment | 3.8 | 3.8 | 0.0 | 6.4 | 6(+) | 9.7 | 84.4 | 5.9 |
Hours Worked | 6.9 | 9.3 | –2.4 | 5.9 | 8(+) | 13.6 | 79.7 | 6.7 |
Wages and Benefits | 31.1 | 33.9 | –2.8 | 37.4 | 68(+) | 37.6 | 55.9 | 6.5 |
Input Prices | 40.2 | 44.8 | –4.6 | 44.2 | 228(+) | 47.2 | 45.7 | 7.0 |
Selling Prices | 24.5 | 26.6 | –2.1 | 24.5 | 68(+) | 34.9 | 54.7 | 10.4 |
Capital Expenditures | 23.6 | 20.0 | +3.6 | 22.5 | 67(+) | 31.7 | 60.3 | 8.1 |
| General Business Conditions Future (six months ahead) | ||||||||
| Indicator | Dec Index | Nov Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 16.8 | 15.4 | +1.4 | 15.4 | 8(+) | 33.4 | 50.0 | 16.6 |
General Business Activity | 12.0 | 13.0 | –1.0 | 11.9 | 7(+) | 33.2 | 45.6 | 21.2 |
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 | Dec Index | Nov Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | –20.6 | –6.3 | –14.3 | 2.5 | 5(–) | 20.4 | 38.5 | 41.0 |
Employment | –6.2 | 3.5 | –9.7 | 1.3 | 1(–) | 10.7 | 72.4 | 16.9 |
Part–Time Employment | 0.0 | 6.8 | –6.8 | –1.6 | 1() | 7.6 | 84.8 | 7.6 |
Hours Worked | –6.3 | –7.7 | +1.4 | –2.3 | 5(–) | 8.2 | 77.3 | 14.5 |
Wages and Benefits | 10.5 | 6.1 | +4.4 | 11.1 | 6(+) | 15.7 | 79.1 | 5.2 |
Input Prices | 38.5 | 27.8 | +10.7 | 22.7 | 68(+) | 46.0 | 46.5 | 7.5 |
Selling Prices | 28.2 | 16.2 | +12.0 | 13.1 | 13(+) | 34.1 | 60.0 | 5.9 |
Capital Expenditures | 16.5 | 16.2 | +0.3 | 7.6 | 4(+) | 21.6 | 73.3 | 5.1 |
Inventories | 0.1 | 7.4 | –7.3 | 2.6 | 3(+) | 22.1 | 55.9 | 22.0 |
| Companywide Retail Activity | ||||||||
Companywide Sales | –19.8 | –7.9 | –11.9 | 3.6 | 8(–) | 18.1 | 44.0 | 37.9 |
Companywide Internet Sales | –9.9 | –18.9 | +9.0 | 3.2 | 10(–) | 16.8 | 56.5 | 26.7 |
| General Business Conditions, Retail Current (versus previous month) | ||||||||
| Indicator | Dec Index | Nov Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | –15.4 | –12.4 | –3.0 | 0.8 | 4(–) | 15.8 | 53.0 | 31.2 |
General Business Activity | –15.9 | –12.6 | –3.3 | –3.1 | 4(–) | 15.8 | 52.5 | 31.7 |
| Outlook Uncertainty Current (versus previous month) | ||||||||
| Indicator | Dec Index | Nov Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
Outlook Uncertainty | 21.1 | 13.2 | +7.9 | 11.8 | 17(+) | 29.5 | 62.1 | 8.4 |
| Business Indicators Relating to Facilities and Products in Texas, Retail Future (six months ahead) | ||||||||
| Indicator | Dec Index | Nov Index | Change | Series Average | Trend* | % Reporting Increase | % Reporting No Change | % Reporting Decrease |
| Retail Activity in Texas | ||||||||
Sales | 18.8 | 6.9 | +11.9 | 29.9 | 31(+) | 41.0 | 36.7 | 22.2 |
Employment | 9.0 | 8.1 | +0.9 | 12.7 | 8(+) | 23.7 | 61.6 | 14.7 |
Part–Time Employment | 3.2 | 0.9 | +2.3 | 1.5 | 4(+) | 10.4 | 82.4 | 7.2 |
Hours Worked | –4.8 | 2.4 | –7.2 | 2.2 | 1(–) | 7.4 | 80.4 | 12.2 |
Wages and Benefits | 20.2 | 27.9 | –7.7 | 29.0 | 68(+) | 30.4 | 59.4 | 10.2 |
Input Prices | 44.5 | 35.7 | +8.8 | 34.1 | 68(+) | 52.8 | 38.9 | 8.3 |
Selling Prices | 40.5 | 33.3 | +7.2 | 28.3 | 68(+) | 48.6 | 43.2 | 8.1 |
Capital Expenditures | 24.2 | 21.4 | +2.8 | 16.5 | 8(+) | 31.6 | 61.0 | 7.4 |
Inventories | 13.0 | 10.0 | +3.0 | 10.7 | 8(+) | 27.9 | 57.2 | 14.9 |
| Companywide Retail Activity | ||||||||
Companywide Sales | 15.6 | 5.5 | +10.1 | 28.2 | 8(+) | 37.1 | 41.4 | 21.5 |
Companywide Internet Sales | 6.7 | 9.4 | –2.7 | 20.8 | 23(+) | 30.0 | 46.7 | 23.3 |
| General Business Conditions, Retail Future (six months ahead) | ||||||||
| Indicator | Dec Index | Nov Index | Change | Series Average | Trend** | % Reporting Improved | % Reporting No Change | % Reporting Worsened |
Company Outlook | 4.9 | 9.1 | –4.2 | 14.6 | 7(+) | 33.7 | 37.5 | 28.8 |
General Business Activity | 2.2 | 4.1 | –1.9 | 10.1 | 6(+) | 36.6 | 29.0 | 34.4 |
*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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