Texas Manufacturing Outlook Survey: Production: Future (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 survey data about manufacturers based in Texas, the seasonally unadjusted diffusion index for production (share of CEOs seeing a future increase minus share reporting a decrease) was 16.2 in October 2025, compared to 25.0 in September.
Sample. This monthly series has 256 records overall. The series covers the time span extending from June 2004 to October 2025.
History. Have a look at a few simple statistics calculated on the full sample: the diffusion index averaged 35.9; it attained a maximum of 70.0 in November 2004; it reached a minimum of -15.6 in March 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-08-31 | 31.6 |
| 2025-09-30 | 25.0 |
| 2025-10-31 | 16.2 |
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Not for investment purposes. Any data made available on this web site are not intended for investment purposes or as a basis for financial-decision making. Users should seek expert advice and perform independent analysis before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will production increase or decrease over the next six months? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Leading 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) |