Texas Manufacturing Outlook Survey: Unfilled orders: 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 unfilled orders (share of CEOs seeing a recent increase minus share reporting a decrease) stood at -5.1 in August 2025, versus -12.0 in July.
Sample. In this monthly time series, there are 255 data points. The series covers the time span extending from June 2004 to August 2025.
History. Here's a peek at a few statistics we calculated on the full sample: the diffusion index recorded a minimum of -34.2 in March 2009; it hit a peak of 35.3 in September 2005; it had a mean value of -2.6.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | -12.1 |
| 2025-07-31 | -12.0 |
| 2025-08-31 | -5.1 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did unfilled orders 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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