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Table A1
Texas Economic Indicators for June 2001

        Percent Change
Since Previous
Indicator Latest
Month
Previous
Month
One Year
Prior to
Latest
2000
Month Year
CURRENT TEXAS INDICATORS
Nonfarm Employment (thousands) 9,669.1 ** 9,640.0 9,447.7 0.3 2.3
  Goods 1,819.7 ** 1,818.5 1,801.6 0.1 1.0
Mining
158.8 ** 158.5 149.8 0.2 6.0
Construction
584.0 ** 581.1 563.2 0.5 3.7
Manufacturing
1,076.9 ** 1,078.9 1,088.6 -0.2 -1.1
  Services 7,849.4 ** 7,821.5 7,645.6 0.4 2.7
Unemployment Rate (percent, 3-month moving average) 4.5 ** 4.3 4.3 0.2 0.2
Rig Count 514 ** 508 350 1.2 46.9
Consumer Price Index (Houston-Dallas/Ft. Worth CMSA average) 164.5 * 164.3 158.3 0.1 3.9
Industrial Production Index (1987=100) 153.0 * 154.0 152.0 -0.6 0.7
Sales Tax Receipts (million$, fiscal year-to-date) 12,058.3 10,925.6 11,478.0 10.4 5.1
Motor Vehicle Sales Tax Receipts (million$, fiscal year-to-date) 2,114.7 1,887.1 2,076.5 12.1 1.8
 
LEADING TEXAS AND U.S. ECONOMIC INDICATORS
Texas Composite Leading Economic Indicator Index (Jan 1981=100) 159.0 * 158.5 160.2 0.3 -0.8
Texas Initial Claims for Unemployment Compensation 87,029 * 82,455 65,977 5.5 31.9
Texas Average Manufacturing Hours per Week 42.7 * 42.5 43.2 0.5 -1.1
Texas Help Wanted Index (1989=100) 93.6 * 94.5 136.6 -1.0 -31.5
Texas Retail Sales (million$) 19,089 * 19,010 18,333 0.4 4.1
Texas Taxable Oil Price ($/barrel) 25.70 * 24.81 27.47 3.6 -6.4
Texas Stock Index (December 1997=100) 122.1 * 118.5 133.7 3.0 -8.7
Texas Housing Permits (3-month moving average) 12,598 * 12,069 11,162 4.4 12.9
Texas New Business Incorporations (3-month moving average) 4,752 * 4,589 4,903 3.6 -3.1
West South Central States Consumer Confidence Index (1985=100) 119.9 * 122.6 142.8 -2.2 -16.0
U.S. Leading Economic Indicator Index (1987=100) 109.3 * 108.8 110.5 0.5 -1.1

Notes: Figures are seasonally adjusted, except for oil prices, sales tax receipts, the rig count, motor vehicle sales and the consumer price index. Texas industrial production is a Comptroller estimate based on U.S. industrial production and relative Texas-to-U.S. employment in manufacturing and mining.

*May 2001      **June 2001

SOURCES: Carole Keeton Rylander, Texas Comptroller; Texas Workforce Commission; U.S. Bureau of Labor Statistics; U.S. Bureau of Economic Analysis; U.S. Bureau of the Census; Texas Secretary of State; Baker-Hughes, Inc.; and The Conference Board.