Prior to Percent Change
Latest Previous Latest Since Previous
Indicator Month Month Month Month Year
CURRENT TEXAS INDICATORS
Nonfarm Employment (thousands) 9,158.9** 9,137.7 8,908.9 0.2 2.8
Goods 1,777.0** 1,777.3 1,764.4 0.0 0.7
Mining 154.0** 154.8 168.5 (0.5) (8.6)
Construction 523.5** 523.1 491.7 0.1 6.5
Manufacturing 1,098.6** 1,099.4 1,107.9 (0.1) (0.8)
Services 7,358.8** 7,341.3 7,113.8 0.2 3.4
Unemployment Rate (percent, 3-month moving average) 4.7** 4.6 4.7 0.1 0.0
Rig Count 183** 180 325 1.7 (43.7)
Consumer Price Index (Houston-Dallas/Ft. Worth CMSA average) 152.6* 151.9 149.7 0.5 1.9
Industrial Production Index (1987=100) 141.7* 141.2 140.5 0.4 0.9
Sales Tax Receipts (million$, fiscal year-to-date) 10,693.0** 9,692.0 10,159.3 NA 5.3
Motor Vehicle Sales Tax Receipts (million$, fiscal year-to-date) 1,820.7** 1,603.8 1,666.3 NA 9.3
LEADING TEXAS AND U.S. INDICATORS
Texas Composite Leading Economic Indicator Index (Jan 1981=100) 134.4* 133.9 132.6 0.4 1.4
Texas Initial Claims for Unemployment Compensation 70,570* 72,714 57,826 (2.9) 22.0
Texas Average Manufacturing Hours per Week 43.8* 43.6 43.1 0.5 1.6
Texas Help Wanted Index (1989=100) 141.9* 139.9 154.8 1.4 (8.3)
Texas Retail Sales (million$) 16,639* 16,611 15,483 0.2 7.5
Texas Taxable Oil Price ($/barrel) 15.55* 12.92 13.23 20.4 17.5
Texas Stock Index (December 1997=100) 128.5* 125.8 117.7 2.1 9.2
Texas Housing Permits (3-month moving average) 12,600* 13,549 13,149 (7.0) (4.2)
Texas New Business Incorporations (3-month moving average) 4,289* 4,267 4,064 0.5 5.5
West South Central States Consumer Confidence Index (1985=100) 132.2* 127.5 132.8 3.7 (0.5)
U.S. Leading Economic Indicator Index (1987=100) 107.1* 107.2 105.4 (0.1) 1.6
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.
*April **May ***June
SOURCES: Carole Keeton Rylander, Texas Comptroller of Public Accounts; 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.
