How to add Background to a Text in Photoshop?

Hello everyone,

I am looking for an efficient way to add background to a text in Photoshop (25.2) - basically, to put the text in a box for better contrast and consistency. Example:

My current workflow is to write the text, then add a predefined black rectangle on a separate layer right beneath the text and adjust it's size manually. This causes manual work (obviously) and little inconsistencies.

Is there a more efficient or convenient way to get the same result?

Thanks!