Texas Manufacturing Outlook Survey: Company outlook: Current (improvement vs worsening; 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 company outlook (share of CEOs seeing a recent improvement minus share reporting a worsening) stood at 0.0 in August 2025, unchanged with respect to July 2025.
Sample. There are 254 observations overall in the monthly time series presented in the graph above. The series covers the time range extending from June 2004 to August 2025.
History. Here's a glimpse of a few statistics we calculated on the whole sample: the diffusion index reached a trough of -60.5 in March 2020; it hit a maximum of 48.1 in June 2004; it was equal on average to 4.1.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | -8.8 |
| 2025-07-31 | 0.0 |
| 2025-08-31 | 0.0 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did the outlook of your company improve or worsen 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
Discover the other time series included in this data set.