Observation:
Aug 2024: -3.1 (+ more) Updated: Aug 27, 2024 9:36 AM CDTAug 2024: | -3.1 | |
Jul 2024: | 1.0 | |
Jun 2024: | -1.3 | |
May 2024: | -5.7 | |
Apr 2024: | -1.8 | |
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Units:
Index,Frequency:
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Source: Federal Reserve Bank of Dallas
Release: Texas Service Sector Outlook Survey
Units: Index, Seasonally Adjusted
Frequency: Monthly
TSSOS Current Company Outlook, reports the change in company outlook for the service sector firm over the previous month for the state of Texas. Company Outlook focuses on firms' perceptions of broader business activity companywide. 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.
Federal Reserve Bank of Dallas, TSSOS Current Company Outlook; Diffusion Index for Texas [TSSOSCOLKSAMFRBDAL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/TSSOSCOLKSAMFRBDAL, .