Texas Manufacturing Outlook Survey: Prices paid: 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 survey data about manufacturers based in Texas, the seasonally adjusted diffusion index for prices paid (share of CEOs seeing a future increase minus share forecasting a decrease) was 35.9 in January 2026, versus 36.1 in December 2025.
Sample. There are 260 observations in the monthly series presented in the chart above. The time span covered by the series goes from June 2004 to January 2026.
History. Here's a glimpse of some descriptive statistics we calculated on the entire sample: the diffusion index hit a minimum of -26.8 in January 2009; it peaked at 68.0 in July 2008; it averaged 33.9.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-11-30 | 42.1 |
| 2025-12-31 | 36.1 |
| 2026-01-31 | 35.9 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will prices paid 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
Discover the other time series included in this data set.