TROS Future Employment; Diffusion Index for Texas
TROSFEMPSAMFRBDAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.40
Year-over-Year Change
-1562.50%
Date Range
1/1/2007 - 7/1/2025
Summary
The TROS Future Employment Diffusion Index for Texas measures the diffusion of employment expectations among businesses in the Texas region. It provides a forward-looking indicator of economic conditions and labor market trends.
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 Future Employment Diffusion Index is a monthly survey-based metric that captures the net percentage of businesses in Texas that expect employment to increase versus decrease in the coming months. It offers insights into the direction and momentum of the regional labor market.
Methodology
The data is collected through a monthly survey of businesses in the Texas region conducted by the Federal Reserve Bank of Dallas.
Historical Context
This index is closely watched by policymakers, analysts, and businesses to gauge the health and near-term outlook of the Texas economy.
Key Facts
- The index ranges from 0 to 100, with values above 50 indicating net positive employment expectations.
- Texas is the second-largest state economy in the U.S. and a major driver of national economic trends.
- The index is released monthly, providing timely insights into the state's labor market conditions.
FAQs
Q: What does this economic trend measure?
A: The TROS Future Employment Diffusion Index for Texas measures the net percentage of businesses in the state that expect employment to increase versus decrease in the coming months.
Q: Why is this trend relevant for users or analysts?
A: This index provides a forward-looking indicator of labor market conditions and economic sentiment in the important Texas region, which is closely watched by policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses in the Texas region conducted by the Federal Reserve Bank of Dallas.
Q: How is this trend used in economic policy?
A: The TROS Future Employment Diffusion Index is used by policymakers, economists, and market analysts to gauge the near-term outlook for the Texas economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly, providing timely insights into the state's labor market conditions. There are no known significant delays or limitations in the data.
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Citation
U.S. Federal Reserve, TROS Future Employment; Diffusion Index for Texas (TROSFEMPSAMFRBDAL), retrieved from FRED.