Texas Manufacturing Outlook Survey: Delivery times: Future (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 collected by the Federal Reserve in Texas, the seasonally adjusted diffusion index for delivery times (share of CEOs seeing a future increase minus share forecasting a decrease) was -1.9 in August 2025, versus -5.6 in July 2025.
Sample. This monthly time series has a total of 255 observations. The period covered by the series goes from June 2004 to August 2025.
History. Have a look at some simple statistics we calculated on the full sample: the diffusion index attained a maximum of 14.4 in May 2018; it hit a minimum of -25.9 in February 2009; it had an average value of -1.4.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | -0.5 |
| 2025-07-31 | -5.6 |
| 2025-08-31 | -1.9 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will delivery times 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 | 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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