Future Growth Rate of Orders; Percentage Reporting Increases for Texas
FGROIUAMFRBDAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.50
Year-over-Year Change
62.22%
Date Range
6/1/2004 - 8/1/2025
Summary
The Future Growth Rate of Orders; Percentage Reporting Increases for Texas measures the percentage of Texas manufacturers reporting increased orders. This metric provides insight into the future growth 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 indicator represents the forward-looking sentiment of Texas manufacturers. It captures the share of firms that expect new orders to rise in the coming months, signaling future production and economic activity.
Methodology
The data is collected through a monthly survey of Texas manufacturing executives.
Historical Context
Policymakers and analysts use this metric to assess the near-term health and trajectory of the Texas economy.
Key Facts
- Texas is the second-largest state economy in the U.S.
- Manufacturing accounts for over 8% of Texas's GDP.
- The Texas economy has consistently outpaced the national average in recent years.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of Texas manufacturing firms that report increased new orders, providing a forward-looking gauge of future production and economic growth in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric offers valuable insights into the near-term trajectory of the Texas economy, which is a crucial driver of national economic performance.
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: Policymakers and analysts use this indicator to assess the health and future growth prospects of the Texas economy, which can inform decisions related to economic and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical lag of several weeks from the end of the reference period.
Related Trends
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Future Growth Rate of Orders; Percentage Reporting Decreases for Texas
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Manufacturers' New Orders: All Other Durable Goods
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Manufacturers' New Orders: Industrial Machinery Manufacturing
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Manufacturers' New Orders: Construction Machinery Manufacturing
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Citation
U.S. Federal Reserve, Future Growth Rate of Orders; Percentage Reporting Increases for Texas (FGROIUAMFRBDAL), retrieved from FRED.