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. According to survey data about manufacturers collected by the Federal Reserve in Texas, the seasonally adjusted diffusion index for production (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 5.2 in October 2025, the same value recorded in September 2025.
Sample. In this monthly series, there are 257 data points in total. The series covers the time period stretching from June 2004 to October 2025.
History. Here's a snapshot of some simple statistics we computed on the entire sample: the diffusion index reached a minimum of -55.5 in April 2020; it reached its maximum of 48.6 in March 2021; it had a mean value of 9.6.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-08-31 | 15.3 |
| 2025-09-30 | 5.2 |
| 2025-10-31 | 5.2 |
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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) |