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The Texas Industrial Production Index (TIPI) measures the output of the manufacturing, mining, and utility sectors of the Texas economy. These sectors are of special interest because of their sensitivity to business cycles and because of the size (albeit declining) of the Texas mining sector....
Persistent link: https://www.econbiz.de/10005420195
Real gross domestic product is one of the most watched indicators of the U.S. business cycle. Yet at the state level, output measures are rarely used to track business conditions. Although the Bureau of Economic Analysis estimates real gross state product (RGSP), the long release lag (usually...
Persistent link: https://www.econbiz.de/10005726415
Frank Berger and Keith Phillips propose a new two-step method of seasonally adjusting state Current Employment Statistics (CES) data produced by the Bureau of Labor Statistics (BLS). This method, first proposed in the July/August 1993 issue of Southwest Economy, recently was adopted by the BLS...
Persistent link: https://www.econbiz.de/10005726427