Future Growth Rate of Orders; Percentage Reporting Decreases for Texas
FGRODSAMFRBDAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.70
Year-over-Year Change
67.14%
Date Range
6/1/2004 - 8/1/2025
Summary
The Future Growth Rate of Orders; Percentage Reporting Decreases for Texas measures the percentage of Texas manufacturing firms that report decreases in future production orders. This indicator provides insight into near-term economic activity and manufacturing sentiment in the state.
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
This Federal Reserve survey-based metric tracks the share of Texas manufacturing companies that anticipate declines in future orders. It serves as a forward-looking gauge of manufacturing momentum and broader economic conditions in the state.
Methodology
The data is collected through a monthly survey of Texas manufacturing executives.
Historical Context
This indicator is closely watched by economists and policymakers to assess the health of the state's manufacturing sector and broader economic outlook.
Key Facts
- Texas is the second-largest state economy in the U.S.
- Manufacturing accounts for over 8% of Texas' GDP.
- This indicator is released monthly by the Federal Reserve Bank of Dallas.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of Texas manufacturing firms that report decreases in future production orders, providing insight into near-term manufacturing activity and economic sentiment in the state.
Q: Why is this trend relevant for users or analysts?
A: This forward-looking metric is closely monitored by economists and policymakers to assess the health of Texas' manufacturing sector and broader economic conditions in the state.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of Texas manufacturing executives conducted by the Federal Reserve Bank of Dallas.
Q: How is this trend used in economic policy?
A: This indicator provides valuable insights for policymakers and analysts seeking to understand near-term economic activity and manufacturing sentiment in Texas, which can inform policy decisions and market assessments.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve Bank of Dallas with no significant update delays.
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Citation
U.S. Federal Reserve, Future Growth Rate of Orders; Percentage Reporting Decreases for Texas (FGRODSAMFRBDAL), retrieved from FRED.