Texas Manufacturing Outlook Survey: Production: 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 production (share of CEOs seeing a future increase minus share reporting a decrease) was 40.4 in August 2025, compared to 30.3 in the previous month.
Sample. This monthly time series has 255 observations in total. The series covers the period stretching from June 2004 to August 2025.
History. Here are a few simple statistics calculated on the entire sample: the diffusion index recorded a maximum of 73.3 in September 2004; it recorded a bottom of -18.6 in March 2020; it was equal on average to 36.1.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | 22.6 |
| 2025-07-31 | 30.3 |
| 2025-08-31 | 40.4 |
Heads-up. To simplify research, we organize time series into worksheets and datasets. If you navigate further down, you will discover how we structured further information related to the statistics published here.
Not for investment purposes. Information shared on FetchSeries is not suitable for investment purposes or other financial decisions. Users should seek professional 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 production 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.