Texas Manufacturing Outlook Survey: Growth rate of orders: 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 the growth rate of orders (share of CEOs seeing a future increase minus share reporting a decrease) was 34.8 in August 2026, versus 16.4 in July.
Sample. This monthly series has 266 data points. The series covers the span of time stretching from June 2004 to August 2026.
History. Have a look at a few descriptive statistics we computed on the entire sample: the diffusion index reached a minimum of -19.5 in March 2020; it hit a maximum of 53.7 in January 2017; it averaged 24.5.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-06-30 | 22.6 |
| 2026-07-31 | 16.4 |
| 2026-08-31 | 34.8 |
Hint. To facilitate exploration, we group series into worksheets and datasets. When you navigate further down, you will discover how we arranged further material related to the statistics published here.
Not for investment purposes. Data available on this web site are not suitable for investment purposes or any other financial decision. Users should consult professional advice and do their own independent due diligence before taking any financial risk.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will the growth rate of orders 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.