Future New Orders; Percentage Reporting Increases for Texas
FVNWOISAMFRBDAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.40
Year-over-Year Change
20.40%
Date Range
6/1/2004 - 8/1/2025
Summary
The 'Future New Orders; Percentage Reporting Increases for Texas' is a key economic indicator that tracks the percentage of firms in Texas reporting increases in new orders. This metric provides insights into the state's future manufacturing activity and business sentiment.
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 Bank of Dallas survey data measures the share of manufacturing firms in Texas that expect new orders to increase in the next 6 months. It serves as an important forward-looking indicator of the state's industrial production and demand outlook.
Methodology
The data is collected through monthly surveys of Texas manufacturing executives.
Historical Context
Policymakers and analysts use this metric to assess the health of the Texas economy and anticipate changes in the state's industrial output.
Key Facts
- Texas is the second-largest state economy in the U.S.
- Manufacturing accounts for over 8% of Texas's GDP.
- The state is a major hub for aerospace, energy, and high-tech industries.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of manufacturing firms in Texas that report expecting increases in new orders over the next 6 months.
Q: Why is this trend relevant for users or analysts?
A: This forward-looking metric provides insights into the future production and demand outlook for Texas's manufacturing sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Texas manufacturing executives by the Federal Reserve Bank of Dallas.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the health of the Texas economy and anticipate changes in the state's industrial output, which can inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical lag of 1-2 weeks. As a survey-based metric, it may be subject to sample size and sampling bias limitations.
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Citation
U.S. Federal Reserve, Future New Orders; Percentage Reporting Increases for Texas (FVNWOISAMFRBDAL), retrieved from FRED.