Texas Manufacturing Outlook Survey: Company outlook: Current (improvement vs worsening; 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. Based on firms' responses to the Texas Manufacturing Outlook Survey carried out by the Dallas FED, the seasonally unadjusted diffusion index for company outlook (share of CEOs seeing a recent improvement minus share reporting a worsening) was 7.5 in April 2026, versus 2.5 in the previous month.
Sample. The monthly series presented in the chart has 262 records. The time span covered by the series stretches from June 2004 to April 2026.
History. Here’s a quick look at some summary statistics calculated on the whole sample: the diffusion index was equal on average to 4.0; it hit a peak of 48.1 in June 2004; it reached a minimum of -60.5 in March 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-02-28 | 6.4 |
| 2026-03-31 | 2.5 |
| 2026-04-30 | 7.5 |
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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 | 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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