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 survey data about manufacturers based 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 2.6 in August 2025, versus -9.1 in July.
Sample. In this monthly series, there are a total of 255 observations. The series covers the span of time going from June 2004 to August 2025.
History. Take a look at some statistics calculated on the whole sample: the diffusion index hit a maximum of 29.6 in April 2021; it reached its lowest level of -65.1 in April 2020; it was equal on average to -1.1.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | -17.2 |
| 2025-07-31 | -9.1 |
| 2025-08-31 | 2.6 |
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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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