Texas Manufacturing Outlook Survey: Production: 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 survey data about manufacturers collected by the Federal Reserve in Texas, the seasonally unadjusted diffusion index for production (share of CEOs seeing a recent increase minus share reporting a decrease) was 16.0 in August 2025, versus 12.3 in July.
Sample. In the monthly time series plotted above, there are 254 records in total. The series covers the time range stretching from June 2004 to August 2025.
History. Check out some simple statistics we calculated on the full sample: the diffusion index hit a trough of -49.1 in April 2020; it reached its highest level of 61.8 in March 2021; it had a mean of 9.5.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | 5.1 |
| 2025-07-31 | 12.3 |
| 2025-08-31 | 16.0 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did production 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.