Texas Manufacturing Outlook Survey: Growth rate of orders: Current (increase vs decrease; 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. Based on a sample of manufacturing firms surveyd by the FED, the seasonally adjusted diffusion index for the growth rate of orders (share of CEOs seeing a recent increase minus share reporting a decrease) was 8.1 in August 2026, compared to -0.4 in July.
Sample. This monthly series has 267 observations in total. The time period covered by the series goes from June 2004 to August 2026.
History. Here's a glimpse of some statistics we calculated on the whole sample: the diffusion index recorded a minimum of -65.0 in April 2020; it recorded its maximum of 30.6 in April 2021; it had a mean value of -1.1.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-06-30 | -2.0 |
| 2026-07-31 | -0.4 |
| 2026-08-31 | 8.1 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did the growth rate of orders increase or decrease 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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