Tracking the Texas Economy
Key Texas Economic Indicators - Text Alternative and Detail
Updated January 27, 2012
This page contains tabular data that corresponds to the Key Economic Indicator graphs.
Consumer Price Index for All Urban Consumers
(Index)
1982-1984 average = 100
| Month | Consumer Price Index* | U.S. Consumer Price Index |
|---|---|---|
| December 2010 | 198.0 | 219.2 |
| January 2011 | 199.3 | 220.2 |
| February 2011 | 200.7 | 221.3 |
| March 2011 | 203.1 | 223.5 |
| April 2011 | 205.0 | 224.9 |
| May 2011 | 205.7 | 226.0 |
| June 2011 | 204.9 | 225.7 |
| July 2011 | 205.0 | 225.9 |
| August 2011 | 205.8 | 226.5 |
| September 2011 | 206.0 | 226.9 |
| October 2011 | 205.1 | 226.4 |
| November 2011 | 205.3 | 226.2 |
| December 2011 | 204.6 | 225.7 |
Change from previous year:
The Texas Consumer Price Index is up 3.0%.
The U.S. Consumer Price
Index is up 3.0%.
*average of indices for the Dallas-Fort Worth and Houston metro areas
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 |
|---|---|---|
| December 2010 | 81.1 | 63.4 |
| January 2011 | 74.4 | 64.8 |
| February 2011 | 80.8 | 72.0 |
| March 2011 | 61.1 | 63.8 |
| April 2011 | 69.5 | 66.0 |
| May 2011 | 78.5 | 61.7 |
| June 2011 | 75.5 | 57.6 |
| July 2011 | 78.9 | 59.2 |
| August 2011 | 71.6 | 45.2 |
| September 2011 | 69.3 | 46.4 |
| October 2011 | 50.4 | 40.9 |
| November 2011 | 91.0 | 55.2 |
| December 2011 | 70.8 | 64.5 |
*Includes Texas, Arkansas, Louisiana and Oklahoma (per source’s data groups)
Change from previous year:
West South Central Region is down 12.7%
U.S. is up 1.7%.
Source: The Conference Board
Return to Consumer Confidence Graph – View Historical Consumer Confidence Index
Unemployment Rate
| Month | Texas Unemployment |
U.S. Unemployment |
|---|---|---|
| December 2010 | 8.3% | 9.4% |
| January 2011 | 8.3% | 9.1% |
| February 2011 | 8.2% | 9.0% |
| March 2011 | 8.1% | 8.9% |
| April 2011 | 8.0% | 9.0% |
| May 2011 | 8.0% | 9.0% |
| June 2011 | 8.2% | 9.1% |
| July 2011 | 8.4% | 9.1% |
| August 2011 | 8.5% | 9.1% |
| September 2011 | 8.5% | 9.0% |
| October 2011 | 8.4% | 8.9% |
| November 2011 | 8.1% | 8.7% |
| December 2011 | 7.8% | 8.5% |
Change from previous year:
Texas unemployment is down 0.5 points.
U.S. unemployment is
down 0.9 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 Nonfarm Employment | U.S. Nonfarm Employment |
|---|---|---|
| December 2010 | 10.45 | 130.23 |
| January 2011 | 10.49 | 130.32 |
| February 2011 | 10.49 | 130.52 |
| March 2011 | 10.53 | 130.76 |
| April 2011 | 10.55 | 130.97 |
| May 2011 | 10.56 | 131.03 |
| June 2011 | 10.59 | 131.05 |
| July 2011 | 10.62 | 131.17 |
| August 2011 | 10.59 | 131.28 |
| September 2011 | 10.61 | 131.49 |
| October 2011 | 10.61 | 131.60 |
| November 2011 | 10.63 | 131.70 |
| December 2011 | 10.65 | 131.90 |
Change from previous year:
Nonfarm employment for Texas is up 2.0%
Nonfarm employment for the U.S. is
up 1.3%
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 | December 2010 | December 2011 | Change in Jobs | Change |
|---|---|---|---|---|
| California | 13,935.8 | 14,199.0 | 263.2 | 1.9% |
| Texas | 10,444.7 | 10,649.2 | 204.5 | 2.0% |
| New York | 8,557.9 | 8,644.4 | 86.5 | 1.0% |
| Florida | 7,177.6 | 7,291.5 | 113.9 | 1.6% |
| Illinois | 5,623.8 | 5,676.4 | 52.6 | 0.9% |
Source: U.S. Bureau of Labor Statistics
Return to Nonfarm Employment Comparison Graph
Texas Sales Tax Collections, General Revenue-Related
(in millions)
| Month | Texas Sales Tax Collections, Retail Establishments* |
Texas Sales Tax Collections, Total |
|---|---|---|
| December 2010 | $967.1 | $1,807.9 |
| January 2011 | $862.7 | $1,828.1 |
| February 2011 | $846.5 | $1,749.5 |
| March 2011 | $808.6 | $1,603.8 |
| April 2011 | $868.9 | $1,866.4 |
| May 2011 | $947.1 | $1,952.0 |
| June 2011 | $836.1 | $1,722.6 |
| July 2011 | $844.8 | $1,859.8 |
| August 2011 | $930.0 | $1,976.8 |
| September 2011 | $811.8 | $1,756.1 |
| October 2011 | $815.6 | $1,874.6 |
| November 2011 | $1,003.9 | $2,068.8 |
| December 2011 | $1,025.5 | $1,989.7 |
*Includes eating and drinking places.
Change from previous year:
The Texas sales tax collections for retail establishments
are up 10.1%.
The total Texas sales tax collections are up 6.0%.
Source: Texas Comptroller of Public Accounts
Texas Building Permits
(units)
| Month | Single-Family Permits |
Multi-Family Permits |
|---|---|---|
| November 2010 | 4,017 | 2,204 |
| December 2010 | 4,193 | 1,348 |
| January 2011 | 4,204 | 947 |
| February 2011 | 4,237 | 2,248 |
| March 2011 | 6,353 | 2,044 |
| April 2011 | 5,665 | 2,548 |
| May 2011 | 5,694 | 1,263 |
| June 2011 | 5,899 | 3,532 |
| July 2011 | 5,143 | 3,206 |
| August 2011 | 5,957 | 4,399 |
| September 2011 | 5,195 | 1,874 |
| October 2011 | 4,765 | 3,340 |
| November 2011 | 4,528 | 1,272 |
Change from previous year:
Single-family permits are up 12.7%.
Multi-family permits are down 42.3%.
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 Sale Price |
|---|---|---|
| December 2010 | 15,808 | $150,800 |
| January 2011 | 10,894 | $139,100 |
| February 2011 | 12,170 | $146,100 |
| March 2011 | 17,537 | $144,000 |
| April 2011 | 18,137 | $145,300 |
| May 2011 | 19,490 | $149,700 |
| June 2011 | 21,762 | $154,200 |
| July 2011 | 19,534 | $153,000 |
| August 2011 | 21,225 | $152,900 |
| September 2011 | 17,571 | $148,700 |
| October 2011 | 15,560 | $146,700 |
| November 2011 | 14,718 | $147,000 |
| December 2011 | 16,505 | $150,500 |
Change from previous year:
Existing home sales are up 4.4%.
Median sales price is down 0.2%.
See note on percent change data
Source: The Real Estate Center at Texas A&M University
Industrial Production Index
(index)
2007 = 100
| Month | U.S. Industrial Production |
|---|---|
| December 2010 | 92.6 |
| January 2011 | 92.8 |
| February 2011 | 92.5 |
| March 2011 | 93.1 |
| April 2011 | 92.7 |
| May 2011 | 93.0 |
| June 2011 | 93.0 |
| July 2011 | 94.1 |
| August 2011 | 94.4 |
| September 2011 | 94.6 |
| October 2011 | 95.1 |
| November 2011 | 94.9 |
| December 2011 | 95.3 |
Change from previous year:
U.S. index is up 2.9%.
Source: Federal Reserve Bank
Note: The Federal Reserve Bank of Dallas no longer publishes the Industrial Production Index for Texas.
Return to Industrial Production Graph – View Historical Industrial Production by Sector
Leading Economic Indicators Index
(index)
2004 = 100
| Month | U.S. Index |
|---|---|
| November 2010 | 112.4 |
| December 2010 | 112.4 |
| January 2011 | 112.5 |
| February 2011 | 113.5 |
| March 2011 | 114.3 |
| April 2011 | 114.0 |
| May 2011 | 114.8 |
| June 2011 | 115.2 |
| July 2011 | 115.8 |
| August 2011 | 116.2 |
| September 2011 | 116.4 |
| October 2011 | 117.4 |
| November 2011 | 118.0 |
Change from previous year: up 5.0%
Source: 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)
| Month | Contract Value |
|---|---|
| December 2010 | $2.340 |
| January 2011 | $0.983 |
| February 2011 | $0.950 |
| March 2011 | $1.302 |
| April 2011 | $1.605 |
| May 2011 | $1.245 |
| June 2011 | $1.665 |
| July 2011 | $0.930 |
| August 2011 | $1.635 |
| September 2011 | $0.819 |
| October 2011 | $0.674 |
| November 2011 | $1.266 |
| December 2011 | $0.953 |
Change from previous year: down 59.3%
Source: McGraw-Hill
Return to Construction Contracts Graph
Mortgage Foreclosures
| Month | Texas Foreclosures | U.S. Foreclosures |
|---|---|---|
| November 2010 | 13,369 | 262,339 |
| December 2010 | 10,772 | 249,919 |
| January 2011 | 14,897 | 261,333 |
| February 2011 | 11,562 | 225,101 |
| March 2011 | 11,018 | 239,795 |
| April 2011 | 8,793 | 219,258 |
| May 2011 | 9,055 | 214,927 |
| June 2011 | 9,341 | 222,740 |
| July 2011 | 10,571 | 212,764 |
| August 2011 | 10,148 | 228,098 |
| September 2011 | 9,872 | 214,855 |
| October 2011 | 9,845 | 230,678 |
| November 2011 | 10,124 | 214,394 |
Change from previous year:
Texas is down 24.3%
U.S. is down 18.3%.
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 |
|---|---|---|---|
| December 2010 | 219.2 | 221.3 | 198.3 |
| January 2011 | 220.2 | 223.2 | 200.8 |
| February 2011 | 221.3 | 224.0 | 203.0 |
| March 2011 | 223.5 | 225.5 | 211.0 |
| April 2011 | 224.9 | 226.2 | 216.9 |
| May 2011 | 226.0 | 227.1 | 220.3 |
| June 2011 | 225.7 | 227.5 | 216.9 |
| July 2011 | 225.9 | 228.3 | 216.2 |
| August 2011 | 226.5 | 229.5 | 216.1 |
| September 2011 | 226.9 | 230.4 | 215.2 |
| October 2011 | 226.4 | 230.9 | 212.1 |
| November 2011 | 226.2 | 230.7 | 211.4 |
| December 2011 | 225.7 | 231.1 | 208.6 |
Change from previous year:
The Overall Consumer Price Index for the U.S. is up 3.0%.
The Food and Beverage Consumer Price Index is up 4.5%.
The Transportation Consumer Price Index is up 5.2%.
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 |
|---|---|---|
| November 2010 | $2.67 | $3.06 |
| December 2010 | $2.83 | $3.18 |
| January 2011 | $2.94 | $3.34 |
| February 2011 | $3.05 | $3.53 |
| March 2011 | $3.43 | $3.84 |
| April 2011 | $3.69 | $3.99 |
| May 2011 | $3.78 | $3.98 |
| June 2011 | $3.54 | $3.88 |
| July 2011 | $3.54 | $3.86 |
| August 2011 | $3.53 | $3.82 |
| September 2011 | $3.42 | $3.77 |
| October 2011 | $3.27 | $3.73 |
| November 2011 | $3.19 | $3.86 |
| December 2011 | $3.08 | $3.76 |
Change from previous year:
Gasoline prices are up 15.5%
Diesel prices are up 22.9%
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) |
|---|---|---|---|---|---|---|---|---|
| 2010 | $26,044.7 | $13,065.1 | 670 | 12,141.8 | 3,698.1 | $146,750 | $38,797.5 | 951.2 |
| 2009 | $18,360.5 | $9,471.0 | 396 | 11,916.3 | 3,475.8 | $143,750 | $34,792.6 | 949.9 |
| 2008 | $30,631.3 | $23,258.8 | 903 | 11,709.7 | 3,854.0 | $145,850 | $44,442.4 | 1,077.0 |
| 2007 | $21,622.1 | $18,858.5 | 833 | 11,624.8 | 3,886.9 | $146,450 | $48,992.8 | 1,004.9 |
| 2006 | $19,657.5 | $19,852.1 | 746 | 11,372.8 | 3,731.6 | $143,100 | $45,756.2 | 1,280.2 |
| 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) |
|---|---|---|---|---|---|---|---|---|
| 10/10 | $2,370.7 | $1,052.6 | 717 | 1,001.6 | 318.5 | $144,700 | $3,326 | 82.4 |
| 11/10 | $2,415.0 | $1,036.0 | 734 | 1,031.7 | 322.2 | $146,300 | $3,231 | 79.5 |
| 12/10 | $2,726.5 | $1,310.9 | 746 | 1,044.4 | 308.8 | $150,800 | $3,265 | 71.4 |
| 01/11 | $2,766.9 | $1,255.7 | 736 | 962.7 | 314.8 | $139,100 | $3,226 | 66.4 |
| 02/11 | $2,312.2 | $1,123.7 | 747 | 965.0 | 304.3 | $146,100 | $3,266 | 73.8 |
| 03/11 | $3,217.2 | $1,374.0 | 748 | 884.4 | 284.7 | $144,000 | $3,974 | 91.0 |
| 04/11 | $3,424.3 | $1,518.3 | 789 | 1,039.3 | 336.7 | $145,300 | $3,422 | 85.2 |
| 05/11 | $3,377.1 | $1,664.7 | 822 | 1,006.6 | 321.3 | $149,700 | $3,152 | 85.0 |
| 06/11 | $3,105.7 | $1,622.6 | 839 | 1,026.9 | 322.7 | $154,200 | $3,810 | 88.7 |
| 07/11 | $3,291.0 | $1,766.2 | 858 | 1,013.5 | 335.5 | $153,000 | $3,758 | 67.1 |
| 08/11 | $2,921.8 | $1,762.3 | 885 | 1,016.9 | 306.2 | $152,900 | $4,246 | 83.7 |
| 09/11 | $2,880.2 | $1,635.1 | 897 | 1,036.9 | 341.6 | $148,700 | $3,887 | 119.2 |
| 10/11 | $3,123.4 | $1,628.5 | 914 | 988.5 | 327.3 | $146,700 | $3,812 | 39.3 |
| 11/11 | $2,494.2 | 914 | 1,018.1 | 327.6 | $147,000 | $3,780.1 | 80.9 | |
| 12/11 | 912 | 989.5 | 312.5 | $150,500 |
Notes:
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.
Annual numbers for active oil and gas drilling rigs are the median for that calendar year.
Sources:
- Texas Comptroller of Public Accounts (Crude Oil, Natural Gas, Motor Fuel, Auto Sales, Cigarettes)
- Baker-Hughes Incorporated (Active Oil & Gas Drilling Rigs)
- The Real Estate Center at Texas A&M University (Median Sale Price, Existing Single-family Home Sales)
For historical data, see Texas Production and Consumption 1989-2009