TSSOS Current Company Outlook; Diffusion Index for Texas
TSSOSCOLKSAMFRBDAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.10
Year-over-Year Change
-223.53%
Date Range
1/1/2007 - 7/1/2025
Summary
The TSSOS Current Company Outlook Diffusion Index for Texas is a monthly survey-based indicator that measures the current business outlook of Texas firms. It provides insights into the health and sentiment of the Texas economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The TSSOS Current Company Outlook Diffusion Index for Texas is a component of the Texas Service Sector Outlook Survey (TSSOS) conducted by the Federal Reserve Bank of Dallas. It captures the net percentage of firms reporting an improved current business outlook compared to the previous month.
Methodology
The data is collected through a monthly survey of Texas businesses.
Historical Context
This indicator is closely watched by policymakers and analysts to gauge the current state of the Texas economy.
Key Facts
- The index ranges from 0 to 100, with values above 50 indicating an overall positive outlook.
- Texas is the second-largest state economy in the U.S. by GDP.
- The survey has been conducted monthly since 2007.
FAQs
Q: What does this economic trend measure?
A: The TSSOS Current Company Outlook Diffusion Index for Texas measures the net percentage of Texas firms reporting an improved current business outlook compared to the previous month.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides timely insights into the health and sentiment of the Texas economy, which is a crucial driver of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of Texas businesses conducted by the Federal Reserve Bank of Dallas.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this indicator to gauge the current state of the Texas economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with no significant update delays. However, the survey-based nature of the data may be subject to limitations in sample size and representativeness.
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Citation
U.S. Federal Reserve, TSSOS Current Company Outlook; Diffusion Index for Texas (TSSOSCOLKSAMFRBDAL), retrieved from FRED.