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Texas Manufacturing Outlook Survey: Prices received: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly

Latest updates. Based on firms' responses to the Texas Manufacturing Outlook Survey carried out by the Dallas FED, the seasonally unadjusted diffusion index for prices received (share of CEOs seeing a future increase minus share forecasting a decrease) was 28.1 in May 2026, compared to 38.1 in the previous month.

Sample. There are 263 records in the monthly series shown in the plot above. The series covers the span of time stretching from June 2004 to May 2026.

History. Here's a snapshot of some statistics we calculated on the entire sample: the diffusion index had a mean of 21.8; it reached its maximum of 59.2 in March 2022; it registered a minimum of -24.0 in February 2009.

Latest values

Date Value - Percentage points
2026-03-31 39.2
2026-04-30 38.1
2026-05-31 28.1

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Series Metadata

Field Value
Description Diffusion index for the question: Will prices received 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 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)

Series in the same data set

Discover the other time series included in this data set.

Current conditions SA

Series Name Observations Start Date End Date
Texas Manufacturing Outlook Survey: General business activity: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: New orders: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Shipments: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Unfilled orders: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Delivery times: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Inventories: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Prices paid: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Prices received: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Number of employees: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Average employee workweek: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Capital expenditures: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Production: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Capacity utilization: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Growth rate of orders: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Wages and benefits: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Company outlook: Current (improvement vs worsening; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Uncertainty about the outlook: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 101 2018-01-31 2026-05-31

Future conditions SA

Series Name Observations Start Date End Date
Texas Manufacturing Outlook Survey: General business activity: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: New orders: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Shipments: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Unfilled orders: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Delivery times: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Inventories: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Prices paid: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Prices received: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Number of employees: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Average employee workweek: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Capital expenditures: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Production: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Capacity utilization: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Growth rate of orders: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Wages and benefits: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Company outlook: Future (improvement vs worsening; diffusion index; percentage points; seasonally adjusted) - United States - Dallas FED - Monthly 264 2004-06-30 2026-05-31

Current conditions NSA

Series Name Observations Start Date End Date
Texas Manufacturing Outlook Survey: General business activity: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: New orders: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Shipments: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Unfilled orders: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Delivery times: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Inventories: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Prices paid: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Prices received: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Number of employees: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Average employee workweek: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Capital expenditures: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Production: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Capacity utilization: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Growth rate of orders: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Wages and benefits: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Company outlook: Current (improvement vs worsening; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Uncertainty about the outlook: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 101 2018-01-31 2026-05-31

Future conditions NSA

Series Name Observations Start Date End Date
Texas Manufacturing Outlook Survey: General business activity: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: New orders: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Shipments: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Unfilled orders: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Delivery times: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Inventories: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Prices paid: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Prices received: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Number of employees: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Average employee workweek: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Capital expenditures: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Production: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Capacity utilization: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Growth rate of orders: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Wages and benefits: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31
Texas Manufacturing Outlook Survey: Company outlook: Future (improvement vs worsening; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly 263 2004-06-30 2026-05-31