Texas Manufacturing Outlook Survey: Prices received: 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 collected by the Federal Reserve in Texas, the seasonally adjusted diffusion index for prices received (share of CEOs seeing a future increase minus share forecasting a decrease) stood at 35.5 in August 2025, compared to 43.2 in July 2025.
Sample. There are 255 observations in the monthly series shown in the chart above. The series covers the period going from June 2004 to August 2025.
History. Here are some descriptive statistics calculated on the whole sample: the diffusion index hit a minimum of -24.0 in February 2009; it reached a maximum of 59.2 in March 2022; it had an average value of 21.2.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | 27.3 |
| 2025-07-31 | 43.2 |
| 2025-08-31 | 35.5 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will prices received 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) |
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