Texas Manufacturing Outlook Survey: Growth rate of orders: Future (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 the growth rate of orders (share of CEOs seeing a future increase minus share reporting a decrease) was 24.6 in September 2026, versus 34.8 in August 2026.
Sample. This monthly time series has 267 data points overall. The series covers the time span stretching from June 2004 to September 2026.
History. Here's a glimpse of some summary statistics we computed on the whole sample: the diffusion index was equal on average to 24.5; it recorded a minimum of -19.5 in March 2020; it recorded a maximum of 53.7 in January 2017.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 16.4000 |
| 2026-08-31 | 34.8000 |
| 2026-09-30 | 24.6000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will the growth rate of orders increase or decrease over the next six months? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Leading 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
Discover the other time series included in this data set.