Texas Manufacturing Outlook Survey: Number of employees: 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. According to recent survey data about manufacturing firms in Texas, the seasonally unadjusted diffusion index for the number of employees (share of CEOs seeing a recent increase minus share reporting a decrease) was 8.5 in August 2025, compared to 7.5 in July.
Sample. In the monthly series displayed in the chart, there are 254 observations. The series covers the time range stretching from June 2004 to August 2025.
History. Here are some summary statistics we computed on the full sample: the diffusion index hit a minimum of -46.6 in March 2009; it recorded its highest level of 34.9 in April 2021; it averaged 7.2.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | 7.5 |
| 2025-07-31 | 7.5 |
| 2025-08-31 | 8.5 |
Tip. One of the advantages of our web site is that we publish well-crafted metadata. Check it below to better understand the attributes of the series that you use in your research.
Not for investment purposes. Any data hosted on FetchSeries are not meant for investment purposes or as a basis for making financial decisions. Users should ask for expert advice and do their own independent due diligence before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did the number of employees 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
Discover the other time series included in this data set.