Texas Service Sector Outlook Survey: Company outlook: Future (improvement vs worsening; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly
This series is part of the dataset: Texas Service Sector Outlook Survey (Dallas FED)
Download Full Dataset (.xlsx)Latest updates. According to survey data about service firms based in Texas, the seasonally adjusted diffusion index for company outlook (share of CEOs seeing a future improvement minus share forecasting a worsening) stood at 10.5 in September 2026, compared to 19.1 in August.
Sample. The monthly series displayed in the figure has 237 records overall. The time period covered by the series goes from January 2007 to September 2026.
History. Here’s a quick look at a few descriptive statistics calculated on the whole sample: the diffusion index reached its minimum of -55.3 in March 2020; it attained a maximum of 44.6 in May 2021; it had a mean value of 15.3.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 21.0000 |
| 2026-08-31 | 19.1000 |
| 2026-09-30 | 10.5000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will the outlook of your company improve or worsen 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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