TROS Current General Business Activity; Diffusion Index for Texas
TROSBACTSAMFRBDAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.00
Year-over-Year Change
-76.88%
Date Range
1/1/2007 - 7/1/2025
Summary
The 'TROS Current General Business Activity; Diffusion Index for Texas' measures the current level of general business activity in the state of Texas as reported by purchasing managers. This trend provides insight into the overall health and direction of the Texas economy.
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 TROS Current General Business Activity Diffusion Index for Texas is a monthly survey-based indicator that captures the current state of the Texas economy. It measures the net percentage of Texas purchasing managers who report an increase in general business activity compared to the previous month.
Methodology
The data is collected through a monthly survey of purchasing managers in Texas.
Historical Context
This index is used by economists and policymakers to monitor the health of the Texas economy and inform economic and policy decisions.
Key Facts
- The index is based on a diffusion scale from 0 to 100.
- An index value above 50 indicates expansion, while a value below 50 indicates contraction.
- The index has been published monthly since 2004.
FAQs
Q: What does this economic trend measure?
A: The TROS Current General Business Activity Diffusion Index for Texas measures the net percentage of Texas purchasing managers who report an increase in general business activity compared to the previous month.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insight into the overall health and direction of the Texas economy, which is crucial for economists, policymakers, and market participants to monitor.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of purchasing managers in Texas.
Q: How is this trend used in economic policy?
A: The TROS Current General Business Activity Diffusion Index for Texas is used by economists and policymakers to monitor the health of the Texas economy and inform economic and policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly, with no known significant update delays or limitations.
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Citation
U.S. Federal Reserve, TROS Current General Business Activity; Diffusion Index for Texas (TROSBACTSAMFRBDAL), retrieved from FRED.