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Line 1 - TSSOS Current General Business Activity; Diffusion Index for Texas
Line 1
(a) TSSOS Current General Business Activity; Diffusion Index for Texas, Index, Seasonally Adjusted (TSSOSBACTSAMFRBDAL)
TSSOS Current General Business Activity, reports the change in general business activity for the service sector firm over the previous month for the state of Texas. The General Business Activity index is the broadest measure of the Texas Service Sector Outlook Survey and focuses on firms' perceptions of the broader business activity. Survey responses are used to calculate an index for each indicator. Each index is calculated by subtracting the percentage of respondents reporting a decrease from the percentage reporting an increase. When the share of firms reporting an increase exceeds the share of firms reporting a decrease, the index will be greater than zero, suggesting the indicator has increased over the prior month. If the share of firms reporting a decrease exceeds the share reporting an increase, the index will be below zero, suggesting the indicator has decreased over the prior month. An index will be zero when the number of firms reporting an increase is equal to the number of firms reporting a decrease. For further information regarding the Texas Service Sector Outlook Survey release from the Federal Reserve Bank of Dallas visit: https://www.dallasfed.org/research/surveys/tssos.aspx.

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    Line 1 - TSSOS Current General Business Activity; Diffusion Index for Texas
    Line 2
    (a) Current Business Activity; Diffusion Index for FRB - New York District, Index, Not Seasonally Adjusted (BACDINA066MNFRBNY)
    Current General Business Activity reports the change in general business activity for the service sector over the previous month for the state of New York, Northern New Jersey, and Fairfield County, Connecticut. The General Business Activity series is the main index of the Business Leaders Survey and is a distinct question posed on the survey. For more information regarding the Business Leaders Survey release from the Federal Reserve Bank of New York visit: http://www.newyorkfed.org/survey/business_leaders/bls_overview.html.

    Select a date that will equal 100 for your custom index:
      Enter date as YYYY-MM-DD
    to

    Write a custom formula to transform one or more series or combine two or more series.

    You can begin by adding a series to combine with your existing series.

    Type keywords to search for data

      Now create a custom formula to combine or transform the series.

      For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

      Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

      Finally, you can change the units of your new series.

      Select a date that will equal 100 for your custom index:
          Enter date as YYYY-MM-DD

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      Line 1
      TSSOS Current General Business Activity; Diffusion Index for Texas
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      Line 2
      Current Business Activity; Diffusion Index for FRB - New York District
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      Notes

      TSSOS Current General Business Activity; Diffusion Index for Texas  (TSSOSBACTSAMFRBDAL)

      Source: Federal Reserve Bank of Dallas  

      Release: Texas Service Sector Outlook Survey  

      Units:  Index, Seasonally Adjusted

      Frequency:  Monthly

      Notes:

      TSSOS Current General Business Activity, reports the change in general business activity for the service sector firm over the previous month for the state of Texas. The General Business Activity index is the broadest measure of the Texas Service Sector Outlook Survey and focuses on firms' perceptions of the broader business activity. Survey responses are used to calculate an index for each indicator. Each index is calculated by subtracting the percentage of respondents reporting a decrease from the percentage reporting an increase. When the share of firms reporting an increase exceeds the share of firms reporting a decrease, the index will be greater than zero, suggesting the indicator has increased over the prior month. If the share of firms reporting a decrease exceeds the share reporting an increase, the index will be below zero, suggesting the indicator has decreased over the prior month. An index will be zero when the number of firms reporting an increase is equal to the number of firms reporting a decrease. For further information regarding the Texas Service Sector Outlook Survey release from the Federal Reserve Bank of Dallas visit: https://www.dallasfed.org/research/surveys/tssos.aspx.

      Suggested Citation:

      Federal Reserve Bank of Dallas, TSSOS Current General Business Activity; Diffusion Index for Texas [TSSOSBACTSAMFRBDAL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/TSSOSBACTSAMFRBDAL, April 8, 2025.

      Current Business Activity; Diffusion Index for FRB - New York District  (BACDINA066MNFRBNY)

      Source: Federal Reserve Bank of New York  

      Release: Business Leaders Survey  

      Units:  Index, Not Seasonally Adjusted

      Frequency:  Monthly

      Notes:

      Current General Business Activity reports the change in general business activity for the service sector over the previous month for the state of New York, Northern New Jersey, and Fairfield County, Connecticut. The General Business Activity series is the main index of the Business Leaders Survey and is a distinct question posed on the survey. For more information regarding the Business Leaders Survey release from the Federal Reserve Bank of New York visit: http://www.newyorkfed.org/survey/business_leaders/bls_overview.html.

      Suggested Citation:

      Federal Reserve Bank of New York, Current Business Activity; Diffusion Index for FRB - New York District [BACDINA066MNFRBNY], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BACDINA066MNFRBNY, April 8, 2025.

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      Monthly, Not Seasonally Adjusted

      Related Categories

      Services Production & Business Activity

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      Business Sentiment Diffusion Business Texas State Indexes Copyrighted: Citation Required Seasonally Adjusted Monthly United States of America New York Fed Services Nation Not Seasonally Adjusted

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