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 19.0 in April 2026, compared to 6.8 in March 2026.
Sample. The monthly series shown in the chart has a total of 263 records. The time range covered by the series extends from June 2004 to April 2026.
History. Check out a few simple statistics we calculated on the full sample: the diffusion index reached a trough of -55.1 in April 2020; it hit a maximum of 48.5 in March 2021; it had a mean of 9.6.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-02-28 | 12.5 |
| 2026-03-31 | 6.8 |
| 2026-04-30 | 19.0 |
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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) |
Series in the same data set
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