Texas Manufacturing Outlook Survey: Company outlook: Current (improvement vs worsening; 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. According to survey data about manufacturers collected by the Federal Reserve in Texas, the seasonally adjusted diffusion index for company outlook (share of CEOs seeing a recent improvement minus share reporting a worsening) was 19.2 in August 2026, compared to 13.4 in July.
Sample. There are 267 observations in the monthly time series displayed in the figure above. The series covers the time span going from June 2004 to August 2026.
History. Check out a few simple statistics we calculated on the whole sample: the diffusion index had a mean value of 4.1; it reached its minimum of -65.2 in March 2020; it recorded its maximum of 48.2 in June 2004.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-06-30 | 2.3 |
| 2026-07-31 | 13.4 |
| 2026-08-31 | 19.2 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did the outlook of your company improve or worsen 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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