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. According to recent survey data about manufacturing firms in Texas, the seasonally unadjusted diffusion index for company outlook (share of CEOs seeing a recent improvement minus share reporting a worsening) was 17.4 in August 2026, compared to 10.0 in the previous month.
Sample. There are 266 observations overall in the monthly time series presented in the figure above. The time period covered by the series stretches from June 2004 to August 2026.
History. Here's a peek at a few statistics we calculated on the whole sample: the diffusion index registered a minimum of -60.5 in March 2020; it peaked at 48.1 in June 2004; it averaged 4.0.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-06-30 | 3.1 |
| 2026-07-31 | 10.0 |
| 2026-08-31 | 17.4 |
Suggestion. We group time series into worksheets and datasets to simplify research. By scrolling down, you will find how we structured further information related to the statistics found here.
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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) |
Series in the same data set
Discover the other time series included in this data set.