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Texas
Manufacturing Outlook Survey |
Capital Expenditures
January 2007

| Capital Expenditures—Unweighted
Index |
Jan
06 |
Feb
06 |
Mar
06 |
Apr
06 |
May
06 |
Jun
06 |
Jul
06 |
Aug
06 |
Sep
06 |
Oct
06 |
Nov
06 |
Dec
06 |
Jan
07 |
| Current
Capital Expenditures |
23.5 |
23.3 |
15.5 |
19.4 |
13.2 |
11.2 |
15.6 |
20.9 |
25.4 |
11.7 |
11.8 |
3.5 |
6.1 |
| Future
Capital Expenditures (six months from report
period) |
39.7 |
45.7 |
27.6 |
46.9 |
47.8 |
29.0 |
36.5 |
35.5 |
27.0 |
26.7 |
35.6 |
29.3 |
21.5 |
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| Capital Expenditures—Composition
of Responses |
| |
Jan
06 |
Feb
06 |
Mar
06 |
Apr
06 |
May
06 |
Jun
06 |
Jul
06 |
Aug
06 |
Sep
06 |
Oct
06 |
Nov
06 |
Dec
06 |
Jan
07 |
| Current
Capital Expenditures |
| % Increase |
31.3 |
30.0 |
22.5 |
23.9 |
19.1 |
17.5 |
25.0 |
27.4 |
30.2 |
21.7 |
22.0 |
17.5 |
16.9 |
| N/C |
60.9 |
63.3 |
70.4 |
71.6 |
75.0 |
76.2 |
65.6 |
66.1 |
65.1 |
68.3 |
67.8 |
68.4 |
72.3 |
| % Decrease |
7.8 |
6.7 |
7.0 |
4.5 |
5.9 |
6.3 |
9.4 |
6.5 |
4.8 |
10.0 |
10.2 |
14.0 |
10.8 |
| Future
Capital Expenditures (six months from report
period) |
| % Increase |
46.0 |
55.9 |
37.7 |
54.5 |
50.7 |
38.7 |
46.0 |
38.7 |
38.1 |
41.7 |
42.4 |
41.4 |
32.3 |
| N/C |
47.6 |
33.9 |
52.2 |
37.9 |
46.4 |
51.6 |
44.4 |
58.1 |
50.8 |
43.3 |
50.8 |
46.6 |
56.9 |
| % Decrease |
6.3 |
10.2 |
10.1 |
7.6 |
2.9 |
9.7 |
9.5 |
3.2 |
11.1 |
15.0 |
6.8 |
12.1 |
10.8 |
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NOTE: Each index is calculated
by subtracting the percentage reporting a decrease from
the percentage reporting an increase. When all firms
report that activity has increased, an index will register
100. An index will register –100 when all firms
report a decrease. An index will be zero when the number
of firms reporting an increase or decrease is equal.
Items may not add up to 100% because of rounding.
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