Research & Data

Texas Manufacturing Outlook Survey

Company Outlook Index

January 2013

Company Outlook—Index

Jan 12
Feb 12
Mar 12
Apr 12
May 12
Jun 12
Jul 12
Aug 12
Sep 12
Oct 12
Nov 12
Dec 12
Jan 13
Current Company Outlook, seasonally adjusted
12.9
15.6
8.9
-5.3
4.1
5.0
1.7
3.4
1.8
1.7
-6.6
7.6
12.6
Future Company Outlook, seasonally adjusted (six months from report period)
25.9
23.0
25.2
13.7
11.6
9.3
6.5
7.3
10.1
21.8
1.9
15.4
20.8

Company Outlook—Composition of Responses

 
Jan 12
Feb 12
Mar 12
Apr 12
May 12
Jun 12
Jul 12
Aug 12
Sep 12
Oct 12
Nov 12
Dec 12
Jan 13
Current Company Outlook, seasonally adjusted
% Improved
24.1
27.1
23.0
10.7
21.1
20.9
24.7
21.4
20.1
18.9
17.5
18.0
18.5
% No Change
64.7
61.5
62.8
73.3
61.9
63.3
52.3
60.6
61.6
63.9
58.5
71.6
75.7
% Worsened
11.2
11.5
14.1
16.0
17.0
15.9
23.0
18.0
18.3
17.2
24.1
10.4
5.9
 
Jan 12
Feb 12
Mar 12
Apr 12
May 12
Jun 12
Jul 12
Aug 12
Sep 12
Oct 12
Nov 12
Dec 12
Jan 13
Future Company Outlook, seasonally adjusted (six months from report period)
% Improved
31.3
31.2
34.4
26.5
24.9
24.1
21.1
22.8
25.1
32.9
26.2
28.0
27.7
% No Change
63.2
60.6
56.4
60.8
61.7
61.1
64.2
61.7
59.9
56.0
49.5
59.3
65.3
% Worsened
5.4
8.2
9.2
12.8
13.3
14.8
14.6
15.5
15.0
11.1
24.3
12.6
6.9

NOTE: Survey responses are used to calculate an index for each indicator. Each index is calculated by subtracting the percentage of respondents reporting a decrease from the percentage reporting an increase. When the share of firms reporting an increase exceeds the share of firms reporting a decrease, the index will be greater than zero, suggesting the indicator has increased over the prior month. If the share of firms reporting a decrease exceeds the share reporting an increase, the index will be below zero, suggesting the indicator has decreased over the prior month. An index will be zero when the number of firms reporting an increase is equal to the number of firms reporting a decrease. Items may not add up to 100 percent because of rounding.

Questions regarding the Texas Manufacturing Outlook Survey can be addressed to Laila Assanie at laila.assanie@dal.frb.org.

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