TSSOS Current Part-Time Employment; Diffusion Index for Texas
TSSOSPEMPSAMFRBDAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.80
Year-over-Year Change
65.22%
Date Range
1/1/2007 - 7/1/2025
Summary
The TSSOS Current Part-Time Employment; Diffusion Index for Texas measures the percentage of Texas businesses reporting increased part-time employment. It provides insight into the state's labor market 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
This diffusion index tracks the share of Texas firms indicating a rise in part-time workers compared to the previous month. It offers a timely gauge of workforce flexibility and slack in the regional economy.
Methodology
The data is collected through a monthly survey of businesses in the Texas Service Sector Outlook Survey (TSSOS).
Historical Context
The part-time employment diffusion index is used by policymakers and analysts to monitor labor market trends in Texas.
Key Facts
- The index ranges from 0 to 100, with values above 50 indicating growth.
- Part-time employment often rises during economic expansions.
- Texas is the second-largest state economy in the U.S.
FAQs
Q: What does this economic trend measure?
A: The TSSOS Current Part-Time Employment; Diffusion Index for Texas measures the percentage of Texas businesses reporting increased part-time employment compared to the prior month.
Q: Why is this trend relevant for users or analysts?
A: This index provides timely insight into labor market flexibility and slack in the Texas economy, which is valuable for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses in the Texas Service Sector Outlook Survey (TSSOS).
Q: How is this trend used in economic policy?
A: The part-time employment diffusion index is used by policymakers and analysts to monitor labor market trends in Texas and assess the regional economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly with no significant update delays, providing a timely gauge of part-time employment in Texas.
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Citation
U.S. Federal Reserve, TSSOS Current Part-Time Employment; Diffusion Index for Texas (TSSOSPEMPSAMFRBDAL), retrieved from FRED.