Texas Manufacturing Outlook Survey: Inventories: Future (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. According to recent survey data about manufacturing firms in Texas, the seasonally adjusted diffusion index for inventories (share of CEOs seeing a future increase minus share forecasting a decrease) was 0.0 in October 2026, versus 1.8 in September 2026.
Sample. There are 269 records in the monthly time series presented in the graph above. The series covers the time range going from June 2004 to October 2026.
History. Here's a glimpse of a few descriptive statistics we computed on the entire sample: the diffusion index was equal on average to -0.2; it reached a minimum of -25.8 in October 2008; it reached a maximum of 24.5 in June 2021.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-08-31 | -1.60000 |
| 2026-09-30 | 1.80000 |
| 2026-10-31 | 0 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will finished goods inventories 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 | 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) |
Series in the same data set
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