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 surveyed by the Fed, the seasonally adjusted diffusion index for production (share of CEOs seeing a recent increase minus share reporting a decrease) was 15.8 in October 2026, versus 29.5 in September 2026.
Sample. There are 269 observations in the monthly series displayed in the graph above. The series covers the time range stretching from June 2004 to October 2026.
History. Have a look at a few statistics computed on the entire sample: the diffusion index hit a trough of -55.1 in April 2020; it hit a peak of 48.5 in March 2021; it had a mean value of 9.7.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-08-31 | 16.1000 |
| 2026-09-30 | 29.5000 |
| 2026-10-31 | 15.8000 |
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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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