Tracking the Texas Economy
Key Texas Economic Indicators - Text Alternative and Detail
Updated August 30, 2010
This page contains tabular data that corresponds to the Key Economic Indicator graphs.
Consumer Price Index
(Index)
1982-1984 average = 100
| Month | Texas Consumer Price Index |
U.S. Consumer Price Index |
|---|---|---|
| July 2009 | 196.3 | 215.4 |
| August 2009 | 196.4 | 215.8 |
| September 2009 | 196.8 | 216.0 |
| October 2009 | 196.8 | 216.2 |
| November 2009 | 196.9 | 216.3 |
| December 2009 | 196.3 | 215.9 |
| January 2010 | 196.8 | 216.7 |
| February 2010 | 197.3 | 216.7 |
| March 2010 | 197.6 | 217.6 |
| April 2010 | 198.2 | 218.0 |
| May 2010 | 198.1 | 218.2 |
| June 2010 | 198.3 | 218.0 |
| July 2010 | 197.5 | 218.0 |
Change from previous year:
The Texas Consumer Price Index is up 0.6%.
The U.S. Consumer Price
Index is up 1.2%.
Source: U.S. Bureau of Labor Statistics
Return to Consumer Price Index Graph – View Historical Consumer Price Index for Texas
Consumer Confidence Index
(Index)
1985 U.S. Average = 100
| Month | West-South-Central Region Index* | U.S. Index |
|---|---|---|
| July 2009 | 71.0 | 47.4 |
| August 2009 | 75.0 | 54.5 |
| September 2009 | 82.5 | 53.4 |
| October 2009 | 72.9 | 48.7 |
| November 2008 | 64.9 | 50.6 |
| December 2009 | 72.1 | 53.6 |
| January 2010 | 72.3 | 56.5 |
| February 2010 | 74.1 | 46.4 |
| March 2010 | 74.9 | 52.3 |
| April 2010 | 70.7 | 57.7 |
| May 2010 | 76.5 | 62.7 |
| June 2010 | 66.4 | 54.3 |
| July 2010 | 64.8 | 50.4 |
*Includes Texas, Arkansas, Louisiana and Oklahoma (per source’s data groups)
Change from previous year:
West-South-Central Region is down 8.7%
U.S. is up 6.3%.
Source: The Conference Board
Return to Consumer Confidence Graph – View Historical Consumer Confidence Index
Unemployment Rate
(percent)
| Month | Texas Unemployment |
U.S. Unemployment |
|---|---|---|
| July 2009 | 7.9% | 9.4% |
| August 2009 | 8.0% | 9.7% |
| September 2009 | 8.1% | 9.8% |
| October 2009 | 8.1% | 10.1% |
| November 2009 | 8.2% | 10.0% |
| December 2009 | 8.2% | 10.0% |
| January 2010 | 8.2% | 9.7% |
| February 2010 | 8.2% | 9.7% |
| March 2010 | 8.2% | 9.7% |
| April 2010 | 8.3% | 9.9% |
| May 2010 | 8.3% | 9.7% |
| June 2010 | 8.2% | 9.5% |
| July 2010 | 8.2% | 9.5% |
Change from previous year:
Texas unemployment is up up 0.3 points.
U.S. unemployment is
up 0.1 points.
Sources: Texas Workforce Commission, U.S. Bureau of Labor Statistics
Return to Unemployment Graph – View Historical Unemployment Rates
Texas vs. U.S. Nonfarm Employment
(in millions)
| Month | Texas (millions) | U.S. (millions) |
|---|---|---|
| June 2009 | 10.29 | 130.64 |
| July 2009 | 10.27 | 130.29 |
| August 2009 | 10.23 | 130.08 |
| September 2009 | 10.21 | 129.86 |
| October 2009 | 10.23 | 129.63 |
| November 2009 | 10.24 | 129.70 |
| December 2009 | 10.22 | 129.59 |
| January 2010 | 10.23 | 129.60 |
| February 2010 | 10.24 | 129.64 |
| March 2010 | 10.28 | 129.85 |
| April 2010 | 10.31 | 130.16 |
| May 2010 | 10.38 | 130.59 |
| June 2010 | 10.40 | 130.37 |
| July 2010 | 10.40 | 130.24 |
Change from previous year:
Nonfarm employment for Texas is up 1.3%
Nonfarm employment for the U.S. is
unchanged.
Sources: Texas Workforce Commission, U.S. Bureau of Labor Statistics
Return to Nonfarm Employment Graph – View Historical Nonfarm Employment by Sector
Change in Nonfarm Employment in Most Populous States
(in thousands of jobs)
| State | July 2009 | July 2010 | Change in Jobs (thousands) |
Percent Change |
|---|---|---|---|---|
| California | 13,978.80 | 13,874.90 | -103.9 | -0.7% |
| Texas | 10,265.80 | 10,400.40 | 134.6 | 1.3% |
| New York | 8,581.10 | 8,529.70 | -51.4 | -0.6% |
| Florida | 7,236.10 | 7,238.80 | 2.7 | 0.0% |
| Illinois | 5,624.00 | 5,601.70 | -22.3 | -0.4% |
Source: U.S. Bureau of Labor Statistics
Return to Nonfarm Employment Comparison Graph
Texas Sales Tax Collections, Retail Establishments
(in millions of dollars)
| Month | Texas Sales Tax Collections, Retail Establishments |
|---|---|
| July 2009 | $758.86 |
| August 2009 | $885.30 |
| September 2009 | $731.90 |
| October 2009 | $718.90 |
| November 2009 | $890.30 |
| December 2009 | $920.50 |
| January 2010 | $817.30 |
| February 2010 | $804.30 |
| March 2010 | $757.70 |
| April 2010 | $823.30 |
| May 2010 | $905.60 |
| June 2010 | $802.30 |
| July 2010 | $816.20 |
Change from previous year: up 7.6%
Includes eating and drinking places.
Source: Texas Comptroller of Public Accounts
Texas Housing Permits
(units)
| Month | Single-Family Housing Permits |
Multi-Family Housing Permits |
|---|---|---|
| June 2009 | 6,680 | 1,399 |
| July 2009 | 6,930 | 541 |
| August 2009 | 6,057 | 1,314 |
| September 2009 | 5,549 | 1,603 |
| October 2009 | 4,926 | 200 |
| November 2009 | 4,473 | 1,090 |
| December 2009 | 5,057 | 989 |
| January 2010 | 4,864 | 1,091 |
| February 2010 | 5,764 | 420 |
| March 2010 | 7,776 | 1,606 |
| April 2010 | 6,511 | 1,381 |
| May 2010 | 5,720 | 1,522 |
| June 2010 | 6,027 | 1,941 |
Change from previous year:
Single-family permits are down 9.8%.
Multi-family permits are up 38.7%.
See note on percent change data
Source: The Real Estate Center at Texas A&M University
Existing Single-Family Home Sales in Texas
(units)
| Month | Existing Single-family Home Sales |
Median Sales Price |
|---|---|---|
| July 2009 | 22,426 | $153,300 |
| August 2009 | 19,840 | $150,000 |
| September 2009 | 18,632 | $147,400 |
| October 2009 | 19,489 | $142,700 |
| November 2009 | 17,988 | $142,500 |
| December 2009 | 16,265 | $144,500 |
| January 2010 | 10,411 | $136,900 |
| February 2010 | 13,259 | $141,100 |
| March 2010 | 19,644 | $144,000 |
| April 2010 | 21,934 | $146,700 |
| May 2010 | 22,723 | $148,100 |
| June 2010 | 21,610 | $152,400 |
| July 2010 | 16,729 | $154,400 |
Change from previous year:
Existing home sales are down 25.4%.
Median sales price is up 0.7%.
See note on percent change data
Source: The Real Estate Center at Texas A&M University
Industrial Production Index
(index)
2007 = 100
| Month | Texas Industrial Production |
U.S. Industrial Production |
|---|---|---|
| June 2009 | 111.5 | 85.5 |
| July 2009 | 111.3 | 86.7 |
| August 2009 | 111.6 | 87.8 |
| September 2009 | 112.1 | 88.4 |
| October 2009 | 112.1 | 88.6 |
| November 2009 | 112.5 | 89.1 |
| December 2009 | 112.6 | 89.6 |
| January 2010 | 112.7 | 90.5 |
| February 2010 | 113.7 | 90.4 |
| March 2010 | 114.4 | 91.0 |
| April 2010 | 115.2 | 91.3 |
| May 2010 | 115.7 | 92.5 |
| June 2010 | 115.3 | 92.5 |
| July 2010 | 93.4 |
Change from previous year:
Texas index is up 3.4%
U.S. index is up 7.7%.
Source: Federal Reserve Bank of Dallas
Note: The Federal Reserve Board released its annual revision to the index of industrial production (IP) and the related measures of capacity and capacity utilization on June 25, 2010. In this revision, the base year for the IP index was advanced from 2002 to 2007, which lowered the level of the IP index for most periods.
Return to Industrial Production Graph – View Historical Industrial Production by Sector
Leading Economic Indicators Index
(index)
2004 = 100
| Month | Texas Index | U.S. Index |
|---|---|---|
| June 2009 | 103.0 | 101.1 |
| July 2009 | 103.3 | 102.1 |
| August 2009 | 103.6 | 102.5 |
| September 2009 | 104.4 | 103.7 |
| October 2009 | 103.8 | 104.2 |
| November 2009 | 105.0 | 105.8 |
| December 2009 | 105.5 | 107.2 |
| January 2010 | 105.6 | 107.5 |
| February 2010 | 106.3 | 108.0 |
| March 2010 | 106.7 | 109.5 |
| April 2010 | 106.5 | 109.5 |
| May 2010 | 106.6 | 110.0 |
| June 2010 | 106.1 | 109.7 |
| July 2010 | 109.8 |
Change from previous year:
The leading indicators for Texas are up 3.0%
The leading indicators for the U.S. are
up 7.5%
Source: Texas Comptroller of Public Accounts, The Conference Board
Return to Leading Indicators Graph – View Historical Leading Economic Indicators for Texas
Value of Contracts for Non-Residential Construction in Texas
(billions of dollars)
| Month | Contract Value |
|---|---|
| July 2009 | $1.816 |
| August 2009 | $1.213 |
| September 2009 | $1.542 |
| October 2009 | $1.731 |
| November 2009 | $1.108 |
| December 2009 | $1.055 |
| January 2010 | $1.300 |
| February 2010 | $0.758 |
| March 2010 | $0.995 |
| April 2010 | $1.364 |
| May 2010 | $1.343 |
| June 2010 | $1.225 |
| July 2010 | $0.899 |
Change from previous year: down 50.5%.
Source: McGraw-Hill
Return to Construction Contracts Graph
Mortgage Foreclosures
| Month | Texas Foreclosures | U.S. Foreclosures |
|---|---|---|
| July 2009 | 12,077 | 360,149 |
| August 2009 | 11,261 | 358,471 |
| September 2009 | 13,216 | 343,638 |
| October 2009 | 11,798 | 332,292 |
| November 2009 | 12,095 | 306,627 |
| December 2009 | 13,807 | 349,519 |
| January 2010 | 12,225 | 315,716 |
| February 2010 | 12,638 | 308,524 |
| March 2010 | 15,552 | 367,056 |
| April 2010 | 13,133 | 333,837 |
| May 2010 | 11,137 | 322,920 |
| June 2010 | 12,175 | 313,841 |
| July 2010 | 11,727 | 325,229 |
Change from previous year:
Texas is down 2.9%
U.S.is down 9.7%.
Source: RealtyTrac
Web Exclusive Indicators
U.S. Consumer Price Index for All Urban Consumers
(index)
1982-1984 average = 100
| Month | Overall Consumer Price Index |
Consumer Price Index Food and Beverages |
Consumer Price Index Transportation |
|---|---|---|---|
| July 2009 | 215.4 | 217.6 | 182.8 |
| August 2009 | 215.8 | 217.7 | 184.4 |
| September 2009 | 216.0 | 217.6 | 183.9 |
| October 2009 | 216.2 | 218.0 | 185.4 |
| November 2009 | 216.3 | 217.7 | 188.6 |
| December 2009 | 215.9 | 218.0 | 188.3 |
| January 2010 | 216.7 | 219.2 | 190.5 |
| February 2010 | 216.7 | 219.1 | 189.6 |
| March 2010 | 217.6 | 219.4 | 192.1 |
| April 2010 | 218.0 | 219.5 | 194.0 |
| May 2010 | 218.2 | 219.7 | 194.8 |
| June 2010 | 218.0 | 219.6 | 192.7 |
| July 2010 | 218.0 | 219.5 | 193.0 |
Change from previous year:
The Overall Consumer Price Index for the U.S. is up 1.2%.
The Food and Beverage Consumer Price Index is up 0.9%
The Transportation Consumer Price Index is up 5.6%.
Source: U.S. Bureau of Labor Statistics
Return to Urban Consumers U.S. Consumer Price Index Graph
Gasoline and Diesel Retail Prices in Texas
(dollars)
| Month | Gasoline | Diesel Fuel |
|---|---|---|
| July 2009 | $2.37 | $2.50 |
| August 2009 | $2.49 | $2.59 |
| September 2009 | $2.36 | $2.55 |
| October 2009 | $2.39 | $2.61 |
| November 2009 | $2.50 | $2.74 |
| December 2009 | $2.46 | $2.70 |
| January 2010 | $2.57 | $2.81 |
| February 2010 | $2.49 | $2.75 |
| March 2010 | $2.64 | $2.88 |
| April 2010 | $2.73 | $3.02 |
| May 2010 | $2.74 | $3.03 |
| June 2010 | $2.60 | $2.89 |
| July 2010 | $2.57 | $2.86 |
Change from previous year:
Gasoline prices are up 8.7%
Diesel prices are up 14.7%.
Source: U.S. Energy Information Administration.
Note: Percent changes on Tracking the Texas Economy graphs and tables are calculated using raw monthly figures. Some of the annual percent changes in the Comptroller’s Economic Outlook are based on annualized figures that show longer-term trends, and therefore may differ.
Texas Production and Consumption Indicators
| Date | Value of Crude Oil Produced (Millions) |
Value of Natural Gas Produced (Millions) |
Active Oil & Gas Drilling Rigs | Gasoline (Millions of Taxed Gallons) |
Diesel (Millions of Taxed Gallons) |
Median Sales Price Existing Single Family Homes | Auto Sales Net Value (Millions) |
Cigarette Packages Taxed (Millions) |
|---|---|---|---|---|---|---|---|---|
| 2006 | $19,657.47 | $19,852.05 | 746 | 11,372.8 | 3,731.6 | $143,100 | $45,756.2 | 1,280.2 |
| 2007 | $21,622.10 | $18,858.50 | 834 | 11,624.8 | 3,886.9 | $147,500 | $48,500.6 | 1,004.9 |
| 2008 | $30,651.80 | $24,201.10 | 892 | 11,709.7 | 3,854.0 | $145,800 | $44,442.4 | 1,077.0 |
| 2009 | $18,418.60 | $11,542.40 | 431.5 | 11,916.3 | 3,475.8 | $143,600 | $34,792.60 | 961.6 |
| 05/09 | $1,495.10 | $833.60 | 347 | 989.9 | 289.8 | $149,300 | $2,591.10 | 77.7 |
| 06/09 | $1,728.30 | $911.50 | 329 | 1,026.3 | 291.9 | $155,100 | $3,111.40 | 86.5 |
| 07/09 | $1,633.50 | $933.30 | 342 | 1,013.6 | 293.2 | $153,300 | $3,071.00 | 80.5 |
| 08/09 | $1,805.80 | $916.70 | 366 | 1,025.9 | 297.6 | $150,000 | $3,111.00 | 81.0 |
| 09/09 | $1,718.00 | $786.10 | 380 | 1,021.0 | 292.0 | $147,400 | $3,357.90 | 83.0 |
| 10/09 | $1,954.10 | $1,044.90 | 398 | 961.1 | 281.8 | $142,700 | $2,859.60 | 80.7 |
| 11/09 | $1,979.50 | $1,163.80 | 433 | 991.0 | 288.4 | $142,500 | $2,536.50 | 78.5 |
| 12/09 | $1,912.30 | $1,356.00 | 470 | 963.3 | 267.4 | $144,500 | $2,813.60 | 76.6 |
| 01/10 | $2,029.50 | $1,650.40 | 519 | 992.8 | 287.6 | $136,900 | $2,815.30 | 69.5 |
| 02/10 | $1,816.20 | $1,427.10 | 549 | 945.5 | 289.6 | $141,100 | $2,969.20 | 72.3 |
| 03/10 | $2,122.60 | $1,448.70 | 593 | 913.6 | 273.8 | $144,000 | $3,356.20 | 87.2 |
| 04/10 | $2,218.20 | $1,244.30 | 633 | 1,032.9 | 327.8 | $146,700 | $3,011.30 | 81.8 |
| 05/10 | $1,997.50 | $1,234.50 | 647 | 1,002.8 | 315.8 | $148,100 | $2,852.60 | 75.9 |
| 06/10 | $1,901.00 | 663 | 1,060.4 | 313.5 | $152,400 | $3,490.50 | 81.0 | |
| 07/10 | 676 | 1,028.3 | 319.0 | $154,400 |
Notes:
NEW – The cigarette packages taxed number was previously based on
cigarette tax collections. The cigarette packages taxed number is now based on
the number of cigarette tax stamps sold. All historical cigarette package taxed
numbers have been revised to reflect this new method.
Crude oil and natural gas figures are net taxable values. Gasoline gallons include gasohol. Auto sale values are calculated from motor vehicle taxes collected on new and used vehicle sales. All figures are not seasonally adjusted, except for industrial production, leading indicators and employment/unemployment. Figures are based on the most recent available data. Annual figures are for calendar years.
Sources:
- Crude Oil, Natural Gas, Motor Fuel, Auto Sales, Cigarettes: Texas Comptroller of Public Accounts
- Active Oil & Gas Drilling Rigs: Baker-Hughes Incorporated
- Median Sale Price, Existing Single-family Home: The Real Estate Center at Texas A&M University
For historical data, see Texas Production and Consumption 1989-2009