Texas Manufacturing Outlook Survey: Production: 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. Based on a sample of manufacturing firms surveyd by the FED, the seasonally adjusted diffusion index for production (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 16.1 in August 2026, compared to 10.1 in July 2026.
Sample. In the monthly series plotted above, there are 267 data points. The series covers the period going from June 2004 to August 2026.
History. Here's a peek at some summary statistics calculated on the full sample: the diffusion index recorded its highest level of 48.5 in March 2021; it reached a trough of -55.1 in April 2020; it had an average value of 9.6.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-06-30 | 4.1 |
| 2026-07-31 | 10.1 |
| 2026-08-31 | 16.1 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did production 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) |
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