TSSOS Current General Business Activity; Diffusion Index for Texas
TSSOSBACTSAMFRBDAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-2100.00%
Date Range
1/1/2007 - 7/1/2025
Summary
The TSSOS Current General Business Activity; Diffusion Index for Texas measures the current state of business activity in the Texas manufacturing sector. It serves as an important economic indicator for policymakers and analysts monitoring regional economic conditions.
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 Current General Business Activity; Diffusion Index for Texas is a diffusion index published by the Federal Reserve Bank of Dallas. It tracks the percentage of Texas manufacturing firms reporting increases in general business activity compared to the previous month, providing insight into the health of the state's manufacturing sector.
Methodology
The index is based on a monthly survey of Texas manufacturing executives.
Historical Context
The TSSOS index is widely used by economists and policymakers to assess the strength of the Texas economy and inform policy decisions.
Key Facts
- The index ranges from -100 to 100, with positive values indicating expansion and negative values indicating contraction.
- Texas is a major manufacturing hub, accounting for over 10% of total U.S. manufacturing output.
- The TSSOS index is released monthly, providing timely insights into the state's economic performance.
FAQs
Q: What does this economic trend measure?
A: The TSSOS Current General Business Activity; Diffusion Index for Texas measures the current state of business activity in the Texas manufacturing sector, providing insight into the health of the state's economy.
Q: Why is this trend relevant for users or analysts?
A: The TSSOS index is a widely-used indicator that helps economists and policymakers assess the strength of the Texas economy and inform policy decisions.
Q: How is this data collected or calculated?
A: The index is based on a monthly survey of Texas manufacturing executives 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 policymakers, economists, and market analysts to gain insights into the performance of the Texas economy and its implications for national economic conditions.
Q: Are there update delays or limitations?
A: The TSSOS index is released monthly, providing timely data on the state of Texas manufacturing. There are no known significant delays or limitations in the data.
Related Trends
Gross Annual Payroll for Other Services excluding Public Administration, All Establishments, Employer Firms
EXPGAPEF81ALLEST
Total Revenue for Blood and Organ Banks, All Establishments, Employer Firms
REVEF621991ALLEST
Total Revenue for Hazardous Waste Treatment and Disposal, Establishments Subject to Federal Income Tax, Employer Firms
REVEF562211TAXABL
Total Revenue for Automotive Body, Paint, Interior Repair and Maintenance, All Establishments, Employer Firms
REVEF811121ALLEST
Sources of Revenue: Licensing of Rights to Use Syndicated Media Content for News Syndicates, All Establishments, Employer Firms
REVLSMEF51911ALLEST
End of Year Inventories for Greeting Card Publishers, Employer Firms: Materials, Supplies, Fuel, Etc. for All Establishments
INVMSFEF511191ALLEST
Citation
U.S. Federal Reserve, TSSOS Current General Business Activity; Diffusion Index for Texas (TSSOSBACTSAMFRBDAL), retrieved from FRED.