Texas Manufacturing Outlook Survey: Capacity utilization: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly
This series is part of the dataset: Texas Manufacturing Outlook Survey (Dallas FED)
Download Full Dataset (.xlsx)Latest updates. Based on firms' responses to the Texas Manufacturing Outlook Survey carried out by the Dallas FED, the seasonally adjusted diffusion index for capacity utilization (share of CEOs seeing a recent increase minus share reporting a decrease) was 19.8 in April 2026, compared to 7.2 in March 2026.
Sample. There are 263 records overall in the monthly time series displayed in the chart above. The series covers the time range stretching from June 2004 to April 2026.
History. Check out some simple statistics calculated on the full sample: the diffusion index was equal on average to 7.5; it hit a maximum of 46.6 in March 2021; it registered a minimum of -57.6 in April 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-02-28 | 11.8 |
| 2026-03-31 | 7.2 |
| 2026-04-30 | 19.8 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did capacity utilization 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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