Texas Manufacturing Outlook Survey: Growth rate of orders: Current (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 recent survey data about manufacturing firms in Texas, the seasonally unadjusted diffusion index for the growth rate of orders (share of CEOs seeing a recent increase minus share reporting a decrease) was 1.3 in May 2026, versus 16.4 in April 2026.
Sample. This monthly series has 263 data points. The time span covered by the series goes from June 2004 to May 2026.
History. Here's a glimpse of a few descriptive statistics computed on the full sample: the diffusion index was equal on average to -1.2; it reached its lowest level of -58.8 in April 2020; it recorded its highest level of 36.8 in April 2021.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-03-31 | 12.6 |
| 2026-04-30 | 16.4 |
| 2026-05-31 | 1.3 |
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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 | 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
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