Texas Manufacturing Outlook Survey: Delivery times: 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. Based on firms' responses to the Texas Manufacturing Outlook Survey carried out by the Dallas FED, the seasonally unadjusted diffusion index for delivery times (share of CEOs seeing a future increase minus share forecasting a decrease) was -1.5 in October 2025, compared to -2.9 in the previous month.
Sample. There are 256 data points overall in the monthly time series displayed in the plot above. The series covers the time range extending from June 2004 to October 2025.
History. Here's a glimpse of some statistics computed on the whole sample: the diffusion index had a mean of -1.4; it reached its highest level of 13.9 in April 2018; it reached its lowest level of -22.9 in February 2009.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-08-31 | -6.5 |
| 2025-09-30 | -2.9 |
| 2025-10-31 | -1.5 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will delivery times 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) |