Current Growth Rate of Orders; Percentage Reporting Decreases for Texas
GRODSAMFRBDAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.30
Year-over-Year Change
-9.36%
Date Range
6/1/2004 - 8/1/2025
Summary
The 'Current Growth Rate of Orders; Percentage Reporting Decreases for Texas' series measures the share of Texas manufacturing firms reporting decreases in new orders. This provides insight into the health and direction of the state's manufacturing sector.
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 series tracks the percentage of Texas manufacturing firms that report decreases in new orders. It serves as an indicator of current and near-term demand trends in the state's manufacturing industry.
Methodology
The data is collected through a monthly survey of Texas manufacturing executives.
Historical Context
This metric is closely watched by policymakers and analysts to assess the economic conditions in Texas.
Key Facts
- Texas is the second-largest manufacturing state in the U.S.
- Manufacturing accounts for over 8% of Texas's GDP.
- New orders are a leading indicator of future production.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of Texas manufacturing firms that report decreases in new orders, providing insight into current and near-term demand trends in the state's manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by policymakers and analysts to assess the economic conditions in Texas, as new orders are a leading indicator of future production and economic activity.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of Texas manufacturing executives.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers and analysts to monitor the health of the Texas manufacturing sector and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of around 2-3 weeks.
Related Trends
Future New Orders; Percent Reporting Decreases for Federal Reserve District 3: Philadelphia
NOFDNA156MNFRBPHI
Manufacturers' New Orders: Photographic Equipment Manufacturing
A33GNO
Manufacturers' New Orders: Communications Equipment Manufacturing, Defense
A34ENO
Future Growth Rate of Orders; Diffusion Index for Texas
FGROSAMFRBDAL
Manufacturers' New Orders: Material Handling Equipment Manufacturing
A33MNO
Manufacturers' New Orders: Other Electronic Component Manufacturing
A34HNO
Citation
U.S. Federal Reserve, Current Growth Rate of Orders; Percentage Reporting Decreases for Texas (GRODSAMFRBDAL), retrieved from FRED.