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Texas
Manufacturing Outlook Survey |
Capital Expenditures
February 2008

| Capital Expenditures—Unweighted
Index |
Feb
07 |
Mar
07 |
Apr
07 |
May
07 |
Jun
07 |
Jul
07 |
Aug
07 |
Sep
07 |
Oct
07 |
Nov
07 |
Dec
07 |
Jan
08 |
Feb
08 |
| Current
Capital Expenditures |
14.3 |
17.5 |
17.7 |
15.5 |
18.6 |
8.8 |
11.7 |
18.4 |
11.5 |
11.5 |
4.4 |
-4.4 |
4.5 |
| Future
Capital Expenditures (six months from report
period) |
40.5 |
26.9 |
31.2 |
27.9 |
26.8 |
20.7 |
25.5 |
16.4 |
17.5 |
16.1 |
10.6 |
-0.9 |
8.2 |
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| Capital Expenditures—Composition
of Responses |
| |
Feb
07 |
Mar
07 |
Apr
07 |
May
07 |
Jun
07 |
Jul
07 |
Aug
07 |
Sep
07 |
Oct
07 |
Nov
07 |
Dec
07 |
Jan
08 |
Feb
08 |
| Current
Capital Expenditures |
| % Increase |
22.2 |
24.2 |
24.8 |
24.4 |
25.7 |
15.0 |
18.9 |
24.8 |
25.4 |
21.2 |
16.7 |
10.6 |
13.3 |
| N/C |
69.8 |
69.2 |
68.1 |
66.7 |
67.3 |
78.8 |
73.9 |
68.8 |
60.7 |
69.0 |
71.1 |
74.3 |
77.9 |
| % Decrease |
7.9 |
6.7 |
7.1 |
8.9 |
7.1 |
6.2 |
7.2 |
6.4 |
13.9 |
9.7 |
12.3 |
15.0 |
8.8 |
| Future
Capital Expenditures (six months from report
period) |
| % Increase |
47.6 |
36.5 |
37.5 |
36.9 |
34.8 |
31.5 |
35.5 |
28.2 |
32.5 |
27.7 |
24.8 |
18.0 |
22.7 |
| N/C |
45.2 |
53.9 |
56.3 |
54.1 |
57.1 |
57.7 |
54.5 |
60.0 |
52.5 |
60.7 |
61.1 |
63.1 |
62.7 |
| % Decrease |
7.1 |
9.6 |
6.3 |
9.0 |
8.0 |
10.8 |
10.0 |
11.8 |
15.0 |
11.6 |
14.2 |
18.9 |
14.5 |
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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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