Jesus Cañas, Aparna Jayashankar, Emily Kerr, Diego Morales-Burnett
The Texas Manufacturing Outlook Survey (TMOS) is a monthly survey of area manufacturers conducted by the Federal Reserve Bank of Dallas. TMOS indexes provide timely information on manufacturing activity in Texas, which is useful for understanding broader changes in regional economic conditions. This paper describes the survey methodology and analyzes the explanatory and predictive power of TMOS indexes with regard to other measures of state economic activity. Regression analysis shows that several TMOS indexes successfully track changes in Texas employment, gross domestic product and consumer price index. Forecasting exercises show that several TMOS indexes are also useful in predicting future changes in some of these regional economic indicators.
{"title":"Texas Manufacturing Outlook Survey: Survey Methodology, Performance and Forecast Accuracy","authors":"Jesus Cañas, Aparna Jayashankar, Emily Kerr, Diego Morales-Burnett","doi":"10.24149/wp2402","DOIUrl":"https://doi.org/10.24149/wp2402","url":null,"abstract":"The Texas Manufacturing Outlook Survey (TMOS) is a monthly survey of area manufacturers conducted by the Federal Reserve Bank of Dallas. TMOS indexes provide timely information on manufacturing activity in Texas, which is useful for understanding broader changes in regional economic conditions. This paper describes the survey methodology and analyzes the explanatory and predictive power of TMOS indexes with regard to other measures of state economic activity. Regression analysis shows that several TMOS indexes successfully track changes in Texas employment, gross domestic product and consumer price index. Forecasting exercises show that several TMOS indexes are also useful in predicting future changes in some of these regional economic indicators.","PeriodicalId":507705,"journal":{"name":"Federal Reserve Bank of Dallas, Working Papers","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140402617","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of the 2022 Oil Embargo and Price Cap on Russian Oil Prices","authors":"Lutz Kilian, David Rapson, Burkhard Schipper","doi":"10.24149/wp2401","DOIUrl":"https://doi.org/10.24149/wp2401","url":null,"abstract":"","PeriodicalId":507705,"journal":{"name":"Federal Reserve Bank of Dallas, Working Papers","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140401613","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：