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. Based on firms' responses to the Texas Manufacturing Outlook Survey carried out by the Dallas FED, the seasonally unadjusted diffusion index for production (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 2.7 in October 2025, compared to 1.4 in September 2025.
Sample. In this monthly series, there are 256 records overall. The time range covered by the series extends from June 2004 to October 2025.
History. Here are a few summary statistics computed on the full sample: the diffusion index was equal on average to 9.4; it hit a maximum of 61.8 in March 2021; it reached its lowest level of -49.1 in April 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-08-31 | 16.0 |
| 2025-09-30 | 1.4 |
| 2025-10-31 | 2.7 |
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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) |