Texas Manufacturing Outlook Survey: Shipments: 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 shipments (share of CEOs seeing a recent increase minus share reporting a decrease) was 14.8 in August 2025, compared to -6.1 in July.
Sample. There are 254 observations overall in the monthly series presented in the figure above. The series covers the time period going from June 2004 to August 2025.
History. Take a look at some descriptive statistics we calculated on the entire sample: the diffusion index was equal on average to 7.8; it reached its highest level of 52.1 in March 2006; it registered a minimum of -51.3 in April 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | -5.0 |
| 2025-07-31 | -6.1 |
| 2025-08-31 | 14.8 |
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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 | 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) |
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