Texas Manufacturing Outlook Survey: Shipments: 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 shipments (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 11.5 in February 2026, compared to 13.4 in January.
Sample. This monthly time series has 260 data points. The time range covered by the series is from June 2004 to February 2026.
History. Here's a glimpse of a few simple statistics we calculated on the whole sample: the diffusion index averaged 7.7; it reached a trough of -51.3 in April 2020; it hit a maximum of 52.1 in March 2006.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-12-31 | -20.6 |
| 2026-01-31 | 13.4 |
| 2026-02-28 | 11.5 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did shipments 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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