Texas Manufacturing Outlook Survey: Company outlook: Future (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 survey data about manufacturers based in Texas, the seasonally unadjusted diffusion index for company outlook (share of CEOs seeing a future improvement minus share reporting a worsening) was 26.3 in September 2026, compared to 30.7 in August.
Sample. In this monthly series, there are 267 data points. The time span covered by the series is from June 2004 to September 2026.
History. Here's a peek at some statistics calculated on the entire sample: the diffusion index recorded a maximum of 62.8 in November 2004; it reached its lowest level of -38.6 in April 2020; it had a mean of 18.3.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 23.7000 |
| 2026-08-31 | 30.7000 |
| 2026-09-30 | 26.3000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will the outlook of your company improve or worsen 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) |
Series in the same data set
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