Texas Manufacturing Outlook Survey: Unfilled orders: 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 based in Texas, the seasonally adjusted diffusion index for unfilled orders (share of CEOs seeing a future increase minus share forecasting a decrease) was 13.8 in September 2026, compared to 15.3 in the previous month.
Sample. There are 268 records overall in the monthly series shown in the graph above. The time range covered by the series goes from June 2004 to September 2026.
History. Here's a snapshot of a few summary statistics computed on the whole sample: the diffusion index reached its minimum of -21.9 in December 2008; it recorded its maximum of 24.1 in June 2018; it had an average value of 2.8.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 11.7000 |
| 2026-08-31 | 15.3000 |
| 2026-09-30 | 13.8000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will unfilled orders 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
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