Research & Data

Texas Manufacturing Outlook Survey

Special Questions

April 29, 2013
1. What is your current number of employees?
    Percent
  0–24
2.7
  25–49
8.1
  50–74
9.5
  75–100
4.1
  More than 100
75.7

2. What impact will health care reform have on your labor costs?
    Percent
  No change
9.6
  Increase
80.8
  Decrease
0.0
  Unknown
9.6

3. Are you planning to alter your current compensation structure (wages and benefits) as a result of health care reform?
    Percent
  Yes
56.3
  No
43.7
Firms answering "yes" were asked to give further explanation. Those results are summarized below.
  Will likely pass some/all increased health care costs on to employees
24.3
  Will likely reduce wages or other benefits to help offset increased health care costs
13.5
  Will likely minimize raises and bonuses to help offset increased health care costs
8.1
  Will likely discontinue health care coverage and pay penalty
5.4
  Other
48.7

4. How will health care reform impact your staffing/employment plans? Please select all that apply.
    Percent
  No change
23.0
  Reduce full-time employees
21.6
  Reduce part-time, contract or temporary employees
16.2
  Increase full-time employees
0.0
  Increase part-time, contract or temporary employees
14.9
  Other
8.1
  Unknown
40.5
Survey collection period: 04/08/2013 to 04/11/2013

 

Questions regarding the Texas Manufacturing Outlook Survey can be addressed to Emily Kerr at emily.kerr@dal.frb.org.

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