Research & Data

Texas Service Sector Outlook Survey

Capital Expenditures Index

September 2012

Capital Expenditures—Index

Sep 11
Oct 11
Nov 11
Dec 11
Jan 12
Feb 12
Mar 12
Apr 12
May 12
Jun 12
Jul 12
Aug 12
Sep 12
Current Capital Expenditures
3.1
17.2
12.1
4.6
15.1
14.3
18.9
10.6
9.7
15.6
11.3
13.5
13.7
Future Capital Expenditures (six months from report period)
3.3
25.4
25
25.4
32.3
38.4
35.8
38.7
25.9
16.4
11.8
15.9
19.7

Capital Expenditures—Composition of Responses

 
Sep 11
Oct 11
Nov 11
Dec 11
Jan 12
Feb 12
Mar 12
Apr 12
May 12
Jun 12
Jul 12
Aug 12
Sep 12
Current Capital Expenditures
% Increase
15.6
25
21.2
16.9
21.2
20.6
29
19.7
19.4
23.4
19.4
28.4
16.7
% No Change
71.9
67.2
69.7
70.8
72.7
73
60.9
71.2
71
68.8
72.6
56.7
80.3
% Decrease
12.5
7.8
9.1
12.3
6.1
6.3
10.1
9.1
9.7
7.8
8.1
14.9
3
 
Sep 11
Oct 11
Nov 11
Dec 11
Jan 12
Feb 12
Mar 12
Apr 12
May 12
Jun 12
Jul 12
Aug 12
Sep 12
Future Capital Expenditures (six months from report period)
% Increase
19.4
33.3
31.3
34.9
36.9
41.7
43.3
43.5
32.8
29.5
23.7
28.6
29.5
% No Change
64.5
58.7
62.5
55.6
58.5
55
49.3
51.6
60.3
57.4
64.4
58.7
60.7
% Decrease
16.1
7.9
6.3
9.5
4.6
3.3
7.5
4.8
6.9
13.1
11.9
12.7
9.8

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 Service Sector Outlook Survey can be addressed to Amy Jordan at amy.jordan@dal.frb.org.

Sign up for our free email alert to be automatically notified as soon as the latest Texas Service Sector Outlook Survey is released on the web.

 

Federal Reserve Bank of Dallas Seal
Federal Reserve Bank of Dallas

2200 N. Pearl St., Dallas, Texas 75201 | 214.922.6000 or 800.333.4460
Disclaimer / Privacy Policy

Federal Reserve Centennial