Skip to main content

Economic Conditions Index for Houston-The Woodlands-Sugar Land, TX (MSA) (HTNAGRIDX)

Observation:

Mar 2018: 4.49  
Updated: Jul 11, 2018

Units:

Percent,
Seasonally Adjusted Annual Rate

Frequency:

Monthly
1Y | 5Y | 10Y | Max
Close
  EDIT LINE 1
(a) Economic Conditions Index for Houston-The Woodlands-Sugar Land, TX (MSA), Percent, Seasonally Adjusted Annual Rate (HTNAGRIDX)
The economic activity index measures average economic growth in the metropolitan area. It is computed using a dynamic factor model that includes 12 variables measuring various aspects of economic activity in the MSA. The index is calibrated to Gross Metropolitan Product (GMP) growth and variance to allow for comparison across metro areas.

For additional details, see Arias, M.A., C.S. Gascon and D.E. Rapach (2016), “Metro Business Cycles,” Journal of Urban Economics 94, 90-108, http://www.sciencedirect.com/science/article/pii/S009411901630016X.
Federal Reserve Bank of St. Louis Working Paper 2014-046C, https://research.stlouisfed.org/wp/more/2014-046.

Economic Conditions Index for Houston-The Woodlands-Sugar Land, TX (MSA)

Select a date that will equal 100 for your custom index:
to

Customize data:

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.

Now create a custom formula to combine or transform the series.
Need help? []

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

Select a date that will equal 100 for your custom index:

ADD LINE

Add data series to graph:

Create user-defined line? []
FORMAT GRAPH
Log scale:

fullscreen
Shaded areas indicate U.S. recessions
fred.stlouisfed.org



NOTES

Source: Federal Reserve Bank of St. Louis  

Release: Metro Area Economic Conditions Indexes  

Units:  Percent, Seasonally Adjusted Annual Rate

Frequency:  Monthly

Notes:

The economic activity index measures average economic growth in the metropolitan area. It is computed using a dynamic factor model that includes 12 variables measuring various aspects of economic activity in the MSA. The index is calibrated to Gross Metropolitan Product (GMP) growth and variance to allow for comparison across metro areas.

For additional details, see Arias, M.A., C.S. Gascon and D.E. Rapach (2016), “Metro Business Cycles,” Journal of Urban Economics 94, 90-108, http://www.sciencedirect.com/science/article/pii/S009411901630016X.
Federal Reserve Bank of St. Louis Working Paper 2014-046C, https://research.stlouisfed.org/wp/more/2014-046.

Suggested Citation:

Federal Reserve Bank of St. Louis, Economic Conditions Index for Houston-The Woodlands-Sugar Land, TX (MSA) [HTNAGRIDX], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/HTNAGRIDX, July 17, 2018.

RELATED CONTENT

Related Resources

Related Categories

Houston-Sugar Land-Baytown, TX MSAs Texas States U.S. Regional Data

Sources

More Releases from Federal Reserve Bank of St. Louis

Releases

More Series from Metro Area Economic Conditions Indexes

Tags

Houston Academic Data Texas St. Louis Fed Metropolitan Statistical Area Indexes Seasonally Adjusted Monthly United States of America
RELEASE TABLES

Metro Area Economic Conditions Indexes






Browse Data

Retrieving data.
Updating graph.

Need Help?

Questions or Comments
FRED Help

Subscribe to the FRED newsletter

Follow us

Twitter logo Google Plus logo Facebook logo YouTube logo LinkedIn logo
Back to Top
Click to send us feedback
Top