Texas Manufacturing Outlook Survey: Growth rate of orders: 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. Based on a sample of manufacturing firms surveyd by the FED, the seasonally unadjusted diffusion index for the growth rate of orders (share of CEOs seeing a recent increase minus share reporting a decrease) was 19.0 in September 2026, compared to 5.8 in August 2026.
Sample. There are 267 records overall in the monthly series shown in the chart above. The time period covered by the series stretches from June 2004 to September 2026.
History. Have a look at a few statistics we computed on the entire sample: the diffusion index hit a minimum of -58.8 in April 2020; it recorded its highest level of 36.8 in April 2021; it had a mean value of -1.1.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | -6.30000 |
| 2026-08-31 | 5.80000 |
| 2026-09-30 | 19.0000 |
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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 | 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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