Current New Orders; Percentage Reporting Increases for Texas
VNWOISAMFRBDAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.30
Year-over-Year Change
16.46%
Date Range
6/1/2004 - 8/1/2025
Summary
The 'Current New Orders; Percentage Reporting Increases for Texas' trend measures the percentage of Texas manufacturing firms that reported an increase in new orders for the current month. This data provides insight into the health and direction of the Texas manufacturing sector.
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 indicator represents the percentage of Texas manufacturing companies that saw an increase in new orders, which is a leading signal of future production and economic activity. It is a key metric for assessing the state of the Texas manufacturing industry and gauging near-term business conditions.
Methodology
The data is collected through a monthly survey of Texas manufacturing firms.
Historical Context
This trend is used by economists and policymakers to monitor the vitality of the Texas manufacturing economy and inform economic forecasting and decision-making.
Key Facts
- Texas is the second-largest manufacturing state in the U.S.
- Manufacturing accounts for over 8% of Texas's total GDP.
- New orders are a leading indicator of future production and economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Texas manufacturing firms that reported an increase in new orders for the current month. It provides insight into the health and direction of the Texas manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a key metric for assessing the state of the Texas manufacturing industry and gauging near-term business conditions. It is used by economists and policymakers to monitor the vitality of the Texas manufacturing economy and inform economic forecasting and decision-making.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of Texas manufacturing firms.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to monitor the vitality of the Texas manufacturing economy and inform economic forecasting and decision-making.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be some delay in the release of the latest figures.
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Current New Orders; Percent Reporting No Change for New York
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Citation
U.S. Federal Reserve, Current New Orders; Percentage Reporting Increases for Texas (VNWOISAMFRBDAL), retrieved from FRED.