TSSOS Future General Business Activity; Diffusion Index for Texas
TSSOSFBACTUAMFRBDAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.30
Year-over-Year Change
-58.99%
Date Range
1/1/2007 - 7/1/2025
Summary
The TSSOS Future General Business Activity; Diffusion Index for Texas measures the expected change in general business conditions for manufacturing firms in Texas. It provides insights into the near-term economic outlook for 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
The TSSOS Future General Business Activity; Diffusion Index for Texas is a monthly survey-based indicator that tracks the expected change in general business conditions for manufacturing firms in Texas over the next six months. It is part of the Dallas Federal Reserve's Texas Manufacturing Outlook Survey and offers an early glimpse into the future performance of the state's manufacturing industry.
Methodology
The data is collected through a monthly survey of Texas manufacturing executives.
Historical Context
This trend is used by policymakers, economists, and market analysts to assess the near-term economic outlook for Texas's manufacturing sector.
Key Facts
- The index ranges from 0 to 100, with values above 50 indicating expansion.
- Texas is the second-largest manufacturing state in the U.S. by GDP.
- The survey has been conducted monthly since 2004.
FAQs
Q: What does this economic trend measure?
A: The TSSOS Future General Business Activity; Diffusion Index for Texas measures the expected change in general business conditions for manufacturing firms in Texas over the next six months.
Q: Why is this trend relevant for users or analysts?
A: This trend provides an early indicator of the near-term economic outlook for Texas's manufacturing sector, which is important for policymakers, economists, and market analysts to monitor.
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 trend is used by policymakers, economists, and market analysts to assess the near-term economic outlook for Texas's manufacturing sector and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with no significant update delays.
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Citation
U.S. Federal Reserve, TSSOS Future General Business Activity; Diffusion Index for Texas (TSSOSFBACTUAMFRBDAL), retrieved from FRED.