Texas Service Sector Outlook Survey: Hours worked: Future (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. According to recent survey data about service-sector firms in Texas, the seasonally unadjusted diffusion index for hours worked (share of CEOs seeing a future increase minus share forecasting a decrease) was 5.8 in September 2026, compared to 4.1 in August.
Sample. This monthly series has a total of 237 records. The series covers the span of time stretching from January 2007 to September 2026.
History. Here's a glimpse of some descriptive statistics we computed on the full sample: the diffusion index had an average value of 5.8; it reached a minimum of -17.7 in March 2020; it recorded a maximum of 19.7 in April 2021.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 2.90000 |
| 2026-08-31 | 4.10000 |
| 2026-09-30 | 5.80000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will hours worked 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 | 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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