fedgazette

May 2016 Professional Services Business Conditions Survey Results

Ninth Federal Reserve District

Joe Mahon | Director, Regional Outreach

Published July 1, 2016

Total (409 Responses)

How did your location perform during the last four quarters compared to the previous four quarters?
  Up Same Down Diffusion
Index*
Sales Revenue 48% 26% 25% 62
Profits 38% 32% 30% 54
Productivity 36% 52% 11% 62
Employment Level 24% 63 12% 56
Labor Availablility 8% 69% 23% 43
Selling Prices 28% 64% 8% 60
Input Costs 50% 47% 3% 74
Space Occupied (square footage) 9% 86% 5% 52
Exports (sales to foreign clients) 4% 92% 4% 50
  Decrease 0% 1%-2% 3%-5% 6%-10% >10% Average
Wages Per Worker 7% 21% 22% 39% 8% 4% 2.8%
Benefits Per Worker 5% 43% 17% 21% 7% 8% 2.3%
How do you expect your location to perform during the next four quarters?
  Up Same Down Diffusion
Index*
Sales Revenue 40% 43% 16% 62
Profits 36% 43% 21% 57
Productivity 30% 62% 7% 62
Employment Level 21% 67% 12% 55
Labor Availablility 8% 75% 17% 45
Selling Prices 26% 67% 7% 59
Input Costs 45% 53% 2% 71
Space Occupied (square footage) 8% 90% 2% 53
Exports (sales to foreign clients) 5% 91% 4% 51
  Decrease 0% 1%-2% 3%-5% 6%-10% >10% Average
Wages Per Worker 4% 27% 28% 35% 4% 2% 2.3%
Benefits Per Worker 4% 47% 16% 23% 5% 5% 2.0%
What is your outlook on the following state economic indicators during the next four quarters?
  Up Same Down Diffusion
Index*
Employment 26% 61% 13% 56
Consumer Spending 21% 55% 24% 48
Inflation 47% 51% 2% 73
Corporate Profits 24% 49% 27% 49
Notes
* A number above 50 indicates expansion; a number below 50 indicates contraction.
Response Rate: 18%
Sampling error for total service firms is +/-: 5%
Percentages may not add to 100 due to rounding

Business Poll Results [xlsx]

Top