Texas Service Sector Outlook Survey: Hours worked: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - 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. Based on a sample of service-sector firms surveyed by the Fed, the seasonally unadjusted diffusion index for hours worked (share of CEOs seeing a recent increase minus share reporting a decrease) stood at -0.6 in September 2026, versus 5.1 in the previous month.
Sample. There are 237 records overall in the monthly time series shown in the figure above. The series covers the time span stretching from January 2007 to September 2026.
History. Check out some simple statistics we computed on the full sample: the diffusion index averaged 2.4; it reached its minimum of -42.2 in April 2020; it peaked at 15.4 in April 2021.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 5.10000 |
| 2026-08-31 | 5.10000 |
| 2026-09-30 | -0.600000 |
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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 | 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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