Texas Manufacturing Outlook Survey: Capacity utilization: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly
This series is part of the dataset: Texas Manufacturing Outlook Survey (Dallas FED)
Download Full Dataset (.xlsx)Latest updates. Based on firms' responses to the Texas Manufacturing Outlook Survey carried out by the Dallas FED, the seasonally unadjusted diffusion index for capacity utilization (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 22.2 in September 2026, compared to 14.5 in the previous month.
Sample. In the monthly time series shown in the graph, there are a total of 267 records. The time span covered by the series is from June 2004 to September 2026.
History. Here are some summary statistics we computed on the entire sample: the diffusion index reached its minimum of -51.8 in April 2020; it recorded a maximum of 57.2 in March 2021; it had an average value of 7.5.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | -1.60000 |
| 2026-08-31 | 14.5000 |
| 2026-09-30 | 22.2000 |
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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 | No |
| 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) |
Series in the same data set
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