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Growth rate previous period, Monthly, Seasonally Adjusted
SAUXTEXVA01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.54
Year-over-Year Change
-115.72%
Date Range
6/1/2016 - 5/1/2025
Summary
This economic indicator measures the month-over-month growth rate of the Texas industrial production index, adjusted for seasonal factors. It provides insights into the strength and direction of Texas's manufacturing and industrial activity.
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 growth rate previous period, monthly, seasonally adjusted series tracks the monthly percent change in Texas's industrial production index. This metric is used by economists and policymakers to assess the health and trajectory of the state's manufacturing and industrial sectors.
Methodology
The data is collected and calculated by the Federal Reserve based on surveys of industrial facilities.
Historical Context
This trend is closely monitored by analysts and policymakers to understand regional economic conditions and inform economic policy decisions.
Key Facts
- Texas is the second-largest state economy in the U.S.
- Manufacturing accounts for over 8% of Texas's GDP.
- This metric has shown volatility during periods of economic uncertainty.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the month-over-month percent change in Texas's industrial production index, adjusted for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health and direction of Texas's manufacturing and industrial sectors, which are key drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Federal Reserve based on surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by analysts and policymakers to understand regional economic conditions and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be occasional delays or revisions due to the survey-based nature of the data collection.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly, Seasonally Adjusted (SAUXTEXVA01GPSAM), retrieved from FRED.