Dallasfed.org

September 26, 2016

Click on links in the table for greater details. Historical data are available from June 2004 to the most current release month.

Business Indicators Relating to Facilities and Products in Texas Current (versus previous month)
Indicator	Sep Index	Aug Index	Change	Indicator Direction*	Trend** (Months)	% Reporting Increase	% Reporting No Change	% Reporting Decrease
Production	16.7	4.5	+12.2	Increasing	3	35.6	45.5	18.9
Capacity Utilization	13.5	0.9	+12.6	Increasing	3	28.0	57.5	14.5
New Orders	–2.9	5.3	–8.2	Decreasing	1	24.1	48.9	27.0
Growth Rate of Orders	–5.8	2.1	–7.9	Decreasing	1	18.5	57.2	24.3
Unfilled Orders	–1.1	–4.5	+3.4	Decreasing	22	15.6	67.7	16.7
Shipments	20.1	9.9	+10.2	Increasing	3	35.7	48.6	15.6
Delivery Time	3.2	5.8	–2.6	Increasing	2	11.0	81.2	7.8
Materials Inventories	–7.7	–3.8	–3.9	Decreasing	14	9.4	73.6	17.1
Finished Goods Inventories	–0.9	–6.3	+5.4	Decreasing	5	13.9	71.3	14.8
Prices Paid for Raw Materials	13.3	14.1	–0.8	Increasing	6	20.4	72.5	7.1
Prices Received for Finished Goods	–0.9	–1.3	+0.4	Decreasing	21	10.2	78.7	11.1
Wages and Benefits	21.0	13.7	+7.3	Increasing	82	23.2	74.6	2.2
Employment	2.3	–5.0	+7.3	Increasing	1	18.7	64.9	16.4
Hours Worked	3.7	–4.5	+8.2	Increasing	1	22.1	59.6	18.4
Capital Expenditures	3.1	–5.7	+8.8	Increasing	1	14.0	75.1	10.9

General Business Conditions Current (versus previous month)
Indicator	Index	Aug Index	Change	Indicator Direction*	Trend** (Months)	% Reporting Improved	% Reporting No Change	% Reporting Worsened
Company Outlook	6.7	–2.8	+9.5	Improving	1	20.4	65.9	13.7
General Business Activity	–3.7	–6.2	+2.5	Worsening	21	14.9	66.5	18.6

Business Indicators Relating to Facilities and Products in Texas Future (six months ahead)
Indicator	Sep Index	Aug Index	Change	Indicator Direction*	Trend** (Months)	% Reporting Increase	% Reporting No Change	% Reporting Decrease
Production	30.5	32.8	–2.3	Increasing	91	42.6	45.3	12.1
Capacity Utilization	29.3	30.6	–1.3	Increasing	91	40.9	47.6	11.6
New Orders	29.1	38.6	–9.5	Increasing	91	39.2	50.7	10.1
Growth Rate of Orders	19.1	27.2	–8.1	Increasing	91	31.6	55.9	12.5
Unfilled Orders	2.5	3.4	–0.9	Increasing	12	10.8	80.9	8.3
Shipments	26.1	30.0	–3.9	Increasing	91	39.0	48.0	12.9
Delivery Time	–1.5	–1.3	–0.2	Decreasing	2	6.0	86.5	7.5
Materials Inventories	1.9	–1.9	+3.8	Increasing	1	15.5	70.9	13.6
Finished Goods Inventories	5.8	4.7	+1.1	Increasing	3	17.6	70.6	11.8
Prices Paid for Raw Materials	25.2	18.0	+7.2	Increasing	90	29.1	67.0	3.9
Prices Received for Finished Goods	8.7	7.6	+1.1	Increasing	8	18.4	71.8	9.7
Wages and Benefits	31.2	38.1	–6.9	Increasing	148	32.9	65.4	1.7
Employment	14.5	21.7	–7.2	Increasing	46	30.9	52.7	16.4
Hours Worked	6.1	9.2	–3.1	Increasing	4	18.8	68.5	12.7
Capital Expenditures	13.5	14.7	–1.2	Increasing	82	25.2	63.1	11.7

General Business Conditions Future (six months ahead)
Indicator	Index	Aug Index	Change	Indicator Direction*	Trend** (Months)	% Reporting Increase	% Reporting No Change	% Reporting Worsened
Company Outlook	17.8	17.1	+0.7	Improving	8	28.2	61.4	10.4
General Business Activity	9.3	7.0	+2.3	Improving	4	21.6	66.1	12.3

*Indicator direction refers to this month's index. If index is positive (negative), indicator is increasing (decreasing) or improving (worsening). If zero, indicator is unchanged.

**Number of months moving in current direction.

Data have been seasonally adjusted as necessary.