Texas Manufacturing Outlook Survey: Production: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - 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 recent survey data about manufacturing firms in Texas, the seasonally unadjusted diffusion index for production (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 18.6 in May 2026, versus 26.9 in the previous month.
Sample. There are 263 data points overall in the monthly series presented in the figure above. The series covers the time range extending from June 2004 to May 2026.
History. Check out a few descriptive statistics we calculated on the whole sample: the diffusion index hit a trough of -49.1 in April 2020; it recorded its maximum of 61.8 in March 2021; it had an average value of 9.5.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-03-31 | 20.2 |
| 2026-04-30 | 26.9 |
| 2026-05-31 | 18.6 |
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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 | 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) |
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