Texas Manufacturing Outlook Survey: Number of employees: 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 based in Texas, the seasonally unadjusted diffusion index for the number of employees (share of CEOs seeing a recent increase minus share reporting a decrease) was -1.4 in October 2025, versus -5.6 in September 2025.
Sample. There are 256 records overall in the monthly time series presented in the graph above. The series covers the time span going from June 2004 to October 2025.
History. Here's a peek at a few statistics calculated on the whole sample: the diffusion index hit a minimum of -46.6 in March 2009; it reached a maximum of 34.9 in April 2021; it had a mean value of 7.1.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-08-31 | 8.5 |
| 2025-09-30 | -5.6 |
| 2025-10-31 | -1.4 |
Suggestion. To make our users' life easier, we organize time series into data sets and worksheets. By scrolling down, you will find how we arranged further information related to the statistics published here.
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did the number of employees 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) |