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 collected by the Federal Reserve in Texas, the seasonally adjusted diffusion index for new orders (share of CEOs seeing a recent increase minus share reporting a decrease) was 6.4 in May 2026, versus 9.9 in April 2026.
Sample. In the monthly series displayed in the chart, there are 264 data points overall. The time span covered by the series is from June 2004 to May 2026.
History. Check out a few statistics calculated on the entire sample: the diffusion index recorded a bottom of -70.9 in April 2020; it hit a peak of 39.9 in April 2021; it had a mean value of 4.7.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-03-31 | 6.1 |
| 2026-04-30 | 9.9 |
| 2026-05-31 | 6.4 |
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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) |
Series in the same data set
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