Texas Manufacturing Outlook Survey: New 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 survey data about manufacturers collected by the Federal Reserve in Texas, the seasonally unadjusted diffusion index for new orders (share of CEOs seeing a recent increase minus share reporting a decrease) was 19.4 in April 2026, compared to 19.0 in March 2026.
Sample. In this monthly series, there are 262 observations. The series covers the time span stretching from June 2004 to April 2026.
History. Here's a snapshot of a few statistics we computed on the entire sample: the diffusion index reached its lowest level of -62.3 in April 2020; it attained a maximum of 49.1 in April 2021; it had an average value of 4.6.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-02-28 | 13.9 |
| 2026-03-31 | 19.0 |
| 2026-04-30 | 19.4 |
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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 | 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) |
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