Texas Service Sector Outlook Survey - Results Tables

July 28, 2026

Results Table

Business Indicators Relating to Facilities and Products in Texas Current (versus previous month)
Indicator	Jul Index	Jun Index	Change	Series Average	Trend*	% Reporting Increase	% Reporting No Change	% Reporting Decrease
Revenue	9.5	9.8	–0.3	9.9	7(+)	27.9	53.7	18.4
Employment	2.6	8.1	–5.5	5.7	2(+)	13.7	75.2	11.1
Part–Time Employment	–0.1	2.4	–2.5	1.2	1(–)	5.0	89.9	5.1
Hours Worked	4.9	3.6	+1.3	2.4	2(+)	9.0	86.9	4.1
Wages and Benefits	15.7	15.3	+0.4	15.4	74(+)	20.6	74.4	4.9
Input Prices	33.5	36.5	–3.0	27.8	75(+)	36.2	61.1	2.7
Selling Prices	14.2	7.7	+6.5	7.5	72(+)	18.8	76.6	4.6
Capital Expenditures	11.5	10.2	+1.3	9.7	72(+)	16.3	78.9	4.8

General Business Conditions Current (versus previous month)
Indicator	Jul Index	Jun Index	Change	Series Average	Trend**	% Reporting Improved	% Reporting No Change	% Reporting Worsened
Company Outlook	10.4	6.1	+4.3	3.8	2(+)	22.2	66.0	11.8
General Business Activity	6.6	2.9	+3.7	1.8	2(+)	23.7	59.3	17.1

Indicator	Jul Index	Jun Index	Change	Series Average	Trend*	% Reporting Increase	% Reporting No Change	% Reporting Decrease
Outlook Uncertainty	12.7	12.6	+0.1	14.0	62(+)	22.5	67.5	9.8

Business Indicators Relating to Facilities and Products in Texas Future (six months ahead)
Indicator	Jul Index	Jun Index	Change	Series Average	Trend*	% Reporting Increase	% Reporting No Change	% Reporting Decrease
Revenue	32.6	33.3	–0.7	37.1	75(+)	46.8	39.0	14.2
Employment	22.4	14.6	+7.8	22.8	75(+)	30.5	61.4	8.1
Part–Time Employment	4.0	0.0	+4.0	6.4	1(+)	8.8	86.4	4.8
Hours Worked	4.2	5.9	–1.7	5.8	13(+)	10.7	82.8	6.5
Wages and Benefits	42.7	41.6	+1.1	37.5	75(+)	46.4	49.9	3.7
Input Prices	47.3	48.2	–0.9	44.2	235(+)	50.6	46.1	3.3
Selling Prices	25.2	24.2	+1.0	24.4	75(+)	30.8	63.6	5.6
Capital Expenditures	23.9	21.2	+2.7	22.4	74(+)	28.7	66.6	4.8

General Business Conditions Future (six months ahead)
Indicator	Jul Index	Jun Index	Change	Series Average	Trend**	% Reporting Improved	% Reporting No Change	% Reporting Worsened
Company Outlook	21.0	17.1	+3.9	15.3	15(+)	35.4	50.2	14.4
General Business Activity	16.8	17.2	–0.4	11.8	2(+)	32.6	51.6	15.8

*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 Isabel Brizuela.