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. According to survey data about manufacturers collected by the Federal Reserve in Texas, the seasonally unadjusted diffusion index for delivery times (share of CEOs seeing a future increase minus share forecasting a decrease) was 1.4 in May 2026, compared to -1.6 in the previous month.
Sample. There are 263 records overall in the monthly time series presented in the chart above. The time span covered by the series goes from June 2004 to May 2026.
History. Take a look at a few descriptive statistics we computed on the full sample: the diffusion index hit a trough of -22.9 in February 2009; it reached its highest level of 13.9 in April 2018; it averaged -1.3.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-03-31 | 6.6 |
| 2026-04-30 | -1.6 |
| 2026-05-31 | 1.4 |
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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) |
Series in the same data set
Discover the other time series included in this data set.