Texas Manufacturing Outlook Survey: Shipments: 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 a sample of manufacturing firms surveyd by the FED, the seasonally adjusted diffusion index for shipments (share of CEOs seeing a recent increase minus share reporting a decrease) was 14.2 in August 2025, compared to 2.7 in July 2025.
Sample. In this monthly time series, there are 255 data points in total. The series covers the span of time extending from June 2004 to August 2025.
History. Here's a snapshot of a few simple statistics computed on the whole sample: the diffusion index recorded its highest level of 47.5 in February 2006; it recorded a minimum of -58.5 in April 2020; it was equal on average to 7.9.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | -7.3 |
| 2025-07-31 | 2.7 |
| 2025-08-31 | 14.2 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did shipments 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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