Texas Manufacturing Outlook Survey: New 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. Based on firms' responses to the Texas Manufacturing Outlook Survey carried out by the Dallas FED, the seasonally adjusted diffusion index for new orders (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 30.7 in September 2026, compared to 22.0 in the previous month.
Sample. There are 268 observations overall in the monthly time series presented in the figure above. The time range covered by the series extends from June 2004 to September 2026.
History. Here's a snapshot of some simple statistics calculated on the full sample: the diffusion index registered a minimum of -70.9 in April 2020; it peaked at 39.9 in April 2021; it was equal on average to 4.8.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 6.40000 |
| 2026-08-31 | 22.0000 |
| 2026-09-30 | 30.7000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did new 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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