TSSOS Future Employment; Diffusion Index for Texas
TSSOSFEMPSAMFRBDAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.10
Year-over-Year Change
4.37%
Date Range
1/1/2007 - 7/1/2025
Summary
The TSSOS Future Employment; Diffusion Index for Texas is a leading indicator that measures the diffusion of employment expectations among Texas businesses. It provides insights into future hiring plans and economic conditions 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
The TSSOS Future Employment; Diffusion Index is a sentiment-based economic indicator that tracks the share of Texas businesses expecting to increase employment compared to those expecting decreases. It is used by economists and policymakers to gauge the near-term outlook for the Texas labor market and broader economic activity.
Methodology
The data is collected through a monthly survey of Texas businesses conducted by the Federal Reserve Bank of Dallas.
Historical Context
The index is closely monitored by regional and national economic analysts to assess the trajectory of the Texas economy and its potential impact on broader U.S. economic trends.
Key Facts
- The index ranges from 0 to 100, with values above 50 indicating more firms expect employment increases than decreases.
- Texas is the second-largest state economy in the U.S., accounting for over 8% of national GDP.
- The TSSOS index is released monthly, providing timely insights into the Texas labor market outlook.
FAQs
Q: What does this economic trend measure?
A: The TSSOS Future Employment; Diffusion Index measures the net share of Texas businesses that expect to increase employment in the near future.
Q: Why is this trend relevant for users or analysts?
A: The index provides an early signal of changes in the Texas labor market and overall economic conditions, making it a valuable tool for economists, policymakers, and business analysts.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of Texas businesses conducted by the Federal Reserve Bank of Dallas.
Q: How is this trend used in economic policy?
A: The TSSOS index is closely monitored by regional and national economic analysts to assess the trajectory of the Texas economy and its potential impact on broader U.S. economic trends.
Q: Are there update delays or limitations?
A: The TSSOS index is released monthly, providing timely insights into the Texas labor market outlook.
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Citation
U.S. Federal Reserve, TSSOS Future Employment; Diffusion Index for Texas (TSSOSFEMPSAMFRBDAL), retrieved from FRED.