Texas Manufacturing Outlook Survey: Growth rate of orders: 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 the growth rate of orders (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 19.1 in September 2026, compared to 8.1 in August 2026.
Sample. There are 268 records in the monthly time series shown in the plot above. The time range covered by the series stretches from June 2004 to September 2026.
History. Take a look at a few simple statistics we calculated on the full sample: the diffusion index recorded a minimum of -65.0 in April 2020; it peaked at 30.6 in April 2021; it had an average value of -1.0.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | -0.400000 |
| 2026-08-31 | 8.10000 |
| 2026-09-30 | 19.1000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did the growth rate of orders 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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