Texas Manufacturing Outlook Survey: Inventories: Future (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 inventories (share of CEOs seeing a future increase minus share forecasting a decrease) was 1.8 in September 2026, compared to -1.6 in August.
Sample. There are 268 records overall in the monthly series shown in the plot above. The series covers the span of time extending from June 2004 to September 2026.
History. Here's a peek at some statistics we computed on the entire sample: the diffusion index had a mean of -0.2; it attained a maximum of 24.5 in June 2021; it reached its lowest level of -25.8 in October 2008.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | -1.70000 |
| 2026-08-31 | -1.60000 |
| 2026-09-30 | 1.80000 |
Heads-up. We categorize indicators into data sets and worksheets to make our users' life easier. If you navigate further down, you will discover how we arranged further information linked to the statistics published here.
Not for investment purposes. Information available on FetchSeries is not meant for investment purposes or as a basis for making financial decisions. Users should seek expert advice and do their own independent due diligence before pledging money to any investment.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will finished goods inventories 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 | 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) |
Series in the same data set
Discover the other time series included in this data set.