Texas Manufacturing Outlook Survey: Capacity utilization: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly
This series is part of the dataset: Texas Manufacturing Outlook Survey (Dallas FED)
Download Full Dataset (.xlsx)Latest updates. According to survey data about manufacturers based in Texas, the seasonally adjusted diffusion index for capacity utilization (share of CEOs seeing a recent increase minus share reporting a decrease) was 13.7 in August 2025, compared to 17.3 in July 2025.
Sample. This monthly time series has 255 records overall. The series covers the period extending from June 2004 to August 2025.
History. Check out a few summary statistics we computed on the whole sample: the diffusion index averaged 7.5; it reached a minimum of -58.3 in April 2020; it hit a maximum of 46.3 in March 2021.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | -1.0 |
| 2025-07-31 | 17.3 |
| 2025-08-31 | 13.7 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did capacity utilization increase or decrease in the past month? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Coincident indicator of the business cycle |
| Deflation method | Not applicable |
| Seasonally adjusted | Yes |
| Rescaling | None |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | Federal Reserve Bank of Dallas |
| Source type | Central bank |
| Data licence | Not copyrightable under U.S. law |
| Measure type | Diffusion index (share of respondents reporting an increase minus share reporting a decrease) |
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