Texas Manufacturing Outlook Survey: Capacity utilization: Future (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. According to recent survey data about manufacturing firms in Texas, the seasonally unadjusted diffusion index for capacity utilization (share of CEOs seeing a future increase minus share reporting a decrease) was 35.1 in September 2026, compared to 31.8 in August 2026.
Sample. There are 267 records overall in the monthly time series presented in the figure above. The time period covered by the series stretches from June 2004 to September 2026.
History. Here's a snapshot of a few statistics calculated on the full sample: the diffusion index had a mean of 32.7; it reached its maximum of 65.7 in September 2004; it recorded a minimum of -12.8 in April 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 22.9000 |
| 2026-08-31 | 31.8000 |
| 2026-09-30 | 35.1000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will capacity utilization increase or decrease over the next six months? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Leading 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) |
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