Texas Manufacturing Outlook Survey: Capacity utilization: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly
This series is part of the dataset: Texas Manufacturing Outlook Survey (Dallas FED)
Download Full Dataset (.xlsx)Latest updates. According to survey data about manufacturers collected by the Federal Reserve in Texas, the seasonally unadjusted diffusion index for capacity utilization (share of CEOs seeing a future increase minus share reporting a decrease) stood at 34.4 in October 2026, versus 35.1 in September.
Sample. In the monthly time series plotted above, there are 269 data points. The series covers the time range going from June 2004 to October 2026.
History. Here are a few statistics computed on the entire sample: the diffusion index reached its maximum of 65.7 in September 2004; it hit a minimum of -12.8 in April 2020; it had a mean value of 32.7.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-08-31 | 31.8000 |
| 2026-09-30 | 35.1000 |
| 2026-10-31 | 34.4000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will capacity utilization 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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