TSSOS Future Revenue; Diffusion Index for Texas
This dataset tracks tssos future revenue; diffusion index for texas over time.
Latest Value
31.30
Year-over-Year Change
-12.81%
Date Range
1/1/2007 - 7/1/2025
Summary
The TSSOS Future Revenue Diffusion Index for Texas measures the diffusion of expected future revenue among Texas service sector businesses. It provides insight into the health and outlook of the Texas service 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 TSSOS Future Revenue Diffusion Index tracks the percentage of Texas service sector businesses that expect their future revenue to increase versus decrease. It serves as an important indicator of economic sentiment and expectations in the state.
Methodology
The index is calculated based on survey data collected by the Federal Reserve Bank of Dallas.
Historical Context
The index is closely watched by economists and policymakers to gauge the trajectory of the Texas service economy.
Key Facts
- The index ranges from 0 to 100, with values above 50 indicating expansion.
- Texas accounts for over 8% of U.S. GDP, making this index an important economic indicator.
- The index is released monthly by the Federal Reserve Bank of Dallas.
FAQs
Q: What does this economic trend measure?
A: The TSSOS Future Revenue Diffusion Index measures the net percentage of Texas service sector businesses that expect their future revenue to increase versus decrease.
Q: Why is this trend relevant for users or analysts?
A: The index provides valuable insight into the health and outlook of the Texas service economy, which is a crucial component of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The index is calculated based on survey data collected by the Federal Reserve Bank of Dallas.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor the TSSOS Future Revenue Diffusion Index to gauge the trajectory of the Texas service economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly with no significant update delays, providing timely information on the Texas service sector.
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Citation
U.S. Federal Reserve, TSSOS Future Revenue; Diffusion Index for Texas (TSSOSFREVSAMFRBDAL), retrieved from FRED.