Texas Manufacturing Outlook Survey: General business activity: Current (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 recent survey data about manufacturing firms in Texas, the seasonally adjusted diffusion index for general business activity (share of CEOs seeing a recent increase minus share reporting a decrease) was 9.8 in September 2026, versus 11.6 in the previous month.
Sample. There are 268 observations in the monthly series presented in the graph above. The series covers the time range extending from June 2004 to September 2026.
History. Take a look at some simple statistics computed on the entire sample: the diffusion index had a mean of 0.3; it registered a minimum of -73.6 in April 2020; it achieved a maximum of 47.6 in June 2004.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 1.30000 |
| 2026-08-31 | 11.6000 |
| 2026-09-30 | 9.80000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did general business activity 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 | 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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