Texas Service Sector Outlook Survey: Input prices: Future (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. Based on a sample of service-sector firms surveyed by the Fed, the seasonally adjusted diffusion index for input prices (share of CEOs seeing a future increase minus share forecasting a decrease) was 61.3 in September 2026, compared to 48.1 in August.
Sample. The monthly series presented in the graph has a total of 237 data points. The series covers the span of time going from January 2007 to September 2026.
History. Take a look at a few summary statistics we computed on the full sample: the diffusion index recorded its highest level of 66.5 in June 2022; it reached a minimum of 4.4 in April 2020; it had an average value of 44.3.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 47.3000 |
| 2026-08-31 | 48.1000 |
| 2026-09-30 | 61.3000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will input prices 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) |
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