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Table A5
Texas, Regional and U.S. Leading Economic Indicators,
By Month: May 1996 to May 2001
Year Month Texas
Initial
Unemployment Claims
Texas
Average
Manufacturing
Workweek
(Hours)
Texas
Help-
Wanted
Index (1)
Texas
Retail
Sales
(Mil$)
Taxable
Oil
Price
($/BBL)
Texas
Stock
Index (2)
Texas
Housing
Permits
Texas
New Business
Incorporations
West South
Central States
Consumer
Confidence
Index (3)
U.S.
Economic
Leading
Indicator
Index (4)
Texas
Composite
Economic
Leading
Indicator
Index (5)
1996 May 63,879 42.9 133.8 14,448 18.34 44.6 10,380 3,799 113.7 100.0 141.9
Jun 56,956 43.2 131.2 13,731 19.08 44.04 9,340 3,486 113.8 100.4 141.9
Jul 66,288 43.3 132.7 14,226 20.06 40.80 10,304 3,800 117.7 100.5 142.3
Aug 59,868 43.3 132.6 14,279 20.16 42.78 9,490 3,925 119.4 100.5 143.0
Sep 59,437 43.1 133.1 14,041 21.29 45.45 8,738 3,813 123.3 100.7 143.4
Oct 64,798 43.0 134.9 14,685 21.27 47.19 9,149 4,108 127.8 100.7 144.0
Nov 59,429 43.1 143.9 14,465 21.50 51.44 10,402 3,620 115.6 100.9 144.6
Dec 65,928 43.8 128.8 14,079 23.01 51.13 12,754 3,473 118.3 100.9 144.1
1997 Jan 66,621 42.3 141.6 14,496 23.97 56.21 9,037 4,432 122.3 101.4 145.6
Feb 64,978 43.4 141.6 14,615 21.00 57.12 9,186 3,875 121.1 102.0 145.4
Mar 59,004 43.6 143.1 14,608 19.34 56.21 9,691 3,667 130.1 102.0 146.0
Apr 65,930 43.5 146.7 14,466 17.71 59.04 10,628 4,222 129.1 102.0 146.6
May 62,276 43.5 144.7 14,433 18.42 68.05 9,211 3,976 138.4 102.4 147.0
Jun 60,312 43.3 144.6 14,549 17.76 69.06 10,184 3,731 136.8 102.6 147.3
Jul 64,912 43.3 146.6 14,696 17.59 84.97 10,116 4,123 127.2 103.2 147.8
Aug 62,402 43.7 144.7 14,731 17.69 85.44 10,029 3,773 135.8 103.4 148.1
Sep 63,865 43.7 152.8 14,702 16.44 98.42 13,260 3,950 135.2 103.6 149.3
Oct 60,852 43.8 151.0 14,696 17.52 92.04 10,845 4,538 133.4 103.9 149.8
Nov 54,841 43.9 150.7 14,730 17.31 93.38 9,783 3,566 138.8 104.0 149.6
Dec 59,053 44.0 144.0 14,756 16.09 100.92 11,347 4,153 140.8 103.9 150.1
1998 Jan 58,525 43.9 151.7 15,114 14.92 102.75 9,371 4,018 136.9 104.2 150.2
Feb 56,061 43.7 154.9 15,228 13.99 111.47 11,504 4,039 146.0 104.8 151.4
Mar 60,870 43.7 154.3 15,400 13.28 117.88 15,244 4,126 140.7 105.1 151.8
Apr 57,568 43.2 154.8 15,483 13.13 116.06 12,298 4,115 136.5 105.2 151.8
May 58,542 44.3 154.3 15,595 12.81 113.45 13,096 4,131 135.8 105.1 152.0
Jun 62,499 43.9 153.4 15,633 12.13 114.21 13,264 4,286 134.2 104.8 152.0
Jul 64,435 43.8 144.1 15,572 12.07 111.12 13,085 4,279 134.7 105.5 151.7
Aug 59,225 43.6 149.6 15,565 11.51 96.49 13,140 4,142 135.1 105.5 152.1
Sep 61,778 43.1 141.2 15,601 12.11 102.96 13,568 4,289 127.3 105.3 152.0
Oct 65,012 43.9 144.1 15,799 11.59 112.46 13,604 3,993 126.5 105.5 152.1
Nov 67,879 43.8 143.2 15,895 10.68 116.92 10,902 4,044 121.2 106.4 151.6
Dec 68,544 43.6 141.9 16,032 9.62 120.77 12,683 4,168 128.3 106.8 152.2
1999 Jan 64,168 43.6 143.3 16,287 11.10 126.52 13,480 4,200 123.7 107.4 153.2
Feb 67,765 43.5 146.1 16,577 10.50 122.76 13,209 4,193 128.3 107.8 153.4
Mar 72,774 43.5 139.7 16,611 13.30 123.43 12,561 4,374 129.8 108.1 153.7
Apr 70,343 43.9 141.5 16,639 15.46 125.31 11,797 4,436 127.9 107.8 154.4
May 67,911 43.5 140.5 16,777 15.87 125.55 11,099 3,973 130.6 108.4 154.4
Jun 69,919 43.4 137.4 17,079 17.24 132.39 11,174 4,604 135.8 108.9 155.4
Jul 63,009 43.4 136.4 17,248 18.31 131.75 12,883 4,484 138.4 109.4 156.3
Aug 64,832 43.4 135.8 17,461 19.36 129.99 12,286 4,542 138.3 109.3 156.5
Sep 66,343 43.3 131.3 17,450 20.29 129.35 11,034 4,639 137.5 109.2 156.4
Oct 59,512 43.2 130.5 17,513 19.74 133.08 11,499 4,482 142.0 109.3 157.1
Nov 63,749 43.2 128.3 17,661 22.53 136.73 11,832 4,850 144.6 109.8 157.7
Dec 57,360 43.4 132.9 17,906 25.36 136.59 11,733 4,840 143.1 110.5 158.9
2000 Jan 49,748 43.3 132.5 18,041 26.82 130.00 10,375 4,474 149.5 110.8 159.4
Feb 61,381 43.4 136.1 18,200 28.42 129.44 11,549 4,965 138.2 110.4 159.5
Mar 57,125 43.3 137.8 18,281 29.71 140.19 11,468 5,294 138.3 110.6 160.6
Apr 56,129 43.6 137.3 18,291 24.77 137.27 10,380 4,559 140.9 110.4 159.9
May 65,977 43.2 136.6 18,333 27.26 133.73 11,638 4,855 142.8 110.5 160.2
Jun 59,957 43.3 136.0 18,413 31.52 129.49 11,787 4,669 140.7 110.4 160.8
Jul 58,299 43.4 135.6 18,535 29.08 131.23 10,040 4,243 144.8 109.8 160.5
Aug 66,611 43.2 135.6 18,532 29.79 136.22 10,944 5,267 136.2 109.7 161.2
Sep 60,615 43.1 134.2 18,704 29.71 134.27 11,455 4,636 147.2 109.8 161.6
Oct 66,577 43.2 131.4 18,708 29.53 132.70 11,495 4,977 138.0 109.4 161.4
Nov 66,200 42.9 121.4 18,629 31.28 121.09 11,901 4,837 137.4 109.1 160.9
Dec 56,854 42.5 120.5 18,658 28.17 121.11 9,768 4,020 124.1 108.7 160.0
2001 Jan 69,777 43.2 118.2 18,968 29.31 132.67 12,806 5,019 127.0 109.0 161.1
Feb 69,267 43.0 103.5 18,947 28.25 120.80 11,440 4,610 123.5 108.9 159.4
Mar 73,661 43.1 100.4 18,887 25.73 112.61 12,020 4,567 122.8 108.7 159.0
Apr 82,455 42.5 94.5 19,010 24.56 118.50 12,745 4,590 122.6 108.8 158.5
May 87,029 42.7 93.6 19,089 25.53 122.08 13,029 5,100 119.9 109.3 159.0
Average Annual Percent Change May96-May01 6.4 -0.1 -6.9 5.7 6.8 22.3 4.6 6.1 1.1 1.8 2.3

(1) 1989 = 100    (2) December 1997 (NSA) = 100    (3) 1985 = 100    (4) 1996 = 100    (5) January 1981 = 100

Note: All figures are seasonally adjusted.

SOURCES: Carole Keeton Rylander, Texas Comptroller of Public Accounts; Texas Workforce Commission; U.S. Bureau of Labor Statistics; U.S. Bureau of the Census; Texas Secretary of State's Office; The Conference Board; and U.S. Bureau of Economic Analysis.