Texas Manufacturing Outlook Survey: General business activity: Current (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 general business activity (share of CEOs seeing a recent increase minus share reporting a decrease) was 6.4 in September 2026, compared to 8.7 in August.
Sample. The monthly time series displayed in the figure has a total of 267 data points. The period covered by the series goes from June 2004 to September 2026.
History. Here’s a quick look at some simple statistics we computed on the entire sample: the diffusion index peaked at 48.7 in June 2004; it hit a minimum of -68.5 in April 2020; it had a mean value of 0.2.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | -3.10000 |
| 2026-08-31 | 8.70000 |
| 2026-09-30 | 6.40000 |
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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 | 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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