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Current General Business Activity; Diffusion Index for Texas (BACTSAMFRBDAL)

Observation:

Oct 2017: 27.6  
Updated: Oct 30, 2017

Units:

Index,
Seasonally Adjusted

Frequency:

Monthly
1Y | 5Y | 10Y | Max
  EDIT LINE 1
(a) Current General Business Activity; Diffusion Index for Texas, Index, Seasonally Adjusted (BACTSAMFRBDAL)
Current General Business Conditions, General Business Activity, reports the change in general business activity for the manufacturing firm over the previous month for the state of Texas. The General Business Activity is the broadest measure of the Texas Manufacturing 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 Manufacturing Outlook Survey release from the Federal Reserve Bank of Dallas visit: https://www.dallasfed.org/research/surveys/tmos.aspx#tab-reports.

Current General Business Activity; Diffusion Index for Texas

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NOTES

Source: Federal Reserve Bank of Dallas  

Release: Texas Manufacturing Outlook Survey  

Units:  Index, Seasonally Adjusted

Frequency:  Monthly

Notes:

Current General Business Conditions, General Business Activity, reports the change in general business activity for the manufacturing firm over the previous month for the state of Texas. The General Business Activity is the broadest measure of the Texas Manufacturing 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 Manufacturing Outlook Survey release from the Federal Reserve Bank of Dallas visit: https://www.dallasfed.org/research/surveys/tmos.aspx#tab-reports.

Suggested Citation:

Federal Reserve Bank of Dallas, Current General Business Activity; Diffusion Index for Texas [BACTSAMFRBDAL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BACTSAMFRBDAL, November 22, 2017.

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