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Working Paper
Texas Service Sector Outlook Survey: Survey Methodology and Performance
The Texas Service Sector Outlook Survey (TSSOS) and Texas Retail Outlook Survey (TROS) are monthly surveys of service sector and retail firms in Texas conducted by the Federal Reserve Bank of Dallas. TSSOS and TROS track the Texas private services sector, including general service businesses, retailers and wholesalers. The surveys provide invaluable information on regional economic conditions?information that Dallas Fed economists and the Bank president use in the formulation of monetary policy. This paper describes the survey?s methodology and analyzes the explanatory and predictive power of ...
Working Paper
Texas Service Sector Outlook Survey: Survey Methodology, Performance and Forecast Accuracy
The Texas Service Sector Outlook Survey (TSSOS) is a monthly survey of service sector and retail firms in Texas conducted by the Federal Reserve Bank of Dallas. TSSOS indexes provide timely information about activity in the Texas private service sector, which makes up the bulk of the state economy. The survey provides invaluable information on regional economic conditions—information that the Dallas Fed president and economists use in the formulation of monetary policy and informing the public. This paper describes the survey methodology and analyzes the explanatory and predictive power of ...