Texas Service Sector Outlook Survey: Hours worked: Current (increase vs decrease; 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 recent survey data about service-sector firms in Texas, the seasonally adjusted diffusion index for hours worked (share of CEOs seeing a recent increase minus share reporting a decrease) was 0.1 in September 2026, versus 5.7 in the previous month.
Sample. In the monthly time series presented in the figure, there are 237 observations. The series covers the period stretching from January 2007 to September 2026.
History. Check out a few summary statistics we computed on the whole sample: the diffusion index averaged 2.4; it hit a trough of -43.4 in April 2020; it reached its maximum of 13.7 in October 2021.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 4.90000 |
| 2026-08-31 | 5.70000 |
| 2026-09-30 | 0.100000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did hours worked 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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