Texas Manufacturing Outlook Survey: New 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. According to survey data about manufacturers based in Texas, the seasonally adjusted diffusion index for new orders (share of CEOs seeing a recent increase minus share reporting a decrease) was 9.3 in October 2026, compared to 30.7 in the previous month.
Sample. There are 269 observations in the monthly time series shown in the figure above. The series covers the span of time extending from June 2004 to October 2026.
History. Here's a glimpse of some statistics calculated on the full sample: the diffusion index recorded its maximum of 39.9 in April 2021; it hit a trough of -70.9 in April 2020; it had a mean of 4.9.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-08-31 | 22.0000 |
| 2026-09-30 | 30.7000 |
| 2026-10-31 | 9.30000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did new 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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