Research & Data

Texas Service Sector Outlook Survey

Employment Index

March 2013

Employment—Index

Mar 12
Apr 12
May 12
Jun 12
Jul 12
Aug 12
Sep 12
Oct 12
Nov 12
Dec 12
Jan 13
Feb 13
Mar 13
Current Employment, seasonally adjusted
14.8
14.2
10.7
13.1
11.7
3.4
10.8
2.1
5.3
5.8
2.7
21.7
8.9
Future Employment, seasonally adjusted (six months from report period)
22.8
20.8
26.4
18.1
16.4
23.5
31.6
25.2
20.6
25.9
21.1
25.6
25.5

Employment—Composition of Responses

 
Mar 12
Apr 12
May 12
Jun 12
Jul 12
Aug 12
Sep 12
Oct 12
Nov 12
Dec 12
Jan 13
Feb 13
Mar 13
Current Employment, seasonally adjusted
% Increase
23.3
18.2
14.1
17.6
17.4
14.4
16.5
12.1
13.6
14.7
11.6
27.3
18.8
% No Change
68.2
77.8
82.5
77.9
76.8
74.6
77.7
77.9
78.2
76.4
79.5
67.1
71.3
% Decrease
8.5
4.0
3.4
4.5
5.7
11.0
5.7
10.0
8.3
8.9
8.9
5.6
9.9
 
Mar 12
Apr 12
May 12
Jun 12
Jul 12
Aug 12
Sep 12
Oct 12
Nov 12
Dec 12
Jan 13
Feb 13
Mar 13
Future Employment, seasonally adjusted (six months from report period)
% Increase
31.0
30.1
34.6
27.3
28.5
35.1
39.9
31.8
29.5
34.9
29.1
31.9
35.3
% No Change
60.8
60.6
57.2
63.4
59.4
53.3
51.9
61.6
61.6
56.1
62.8
61.7
54.9
% Decrease
8.2
9.3
8.2
9.2
12.1
11.6
8.3
6.6
8.9
9.0
8.0
6.3
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.

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