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 2.7 in October 2025, compared to 4.2 in September.
Sample. There are 256 data points in the monthly series shown in the figure above. The time span covered by the series goes from June 2004 to October 2025.
History. Take a look at some descriptive statistics we computed on the entire sample: the diffusion index reached a maximum of 52.1 in March 2006; it recorded a bottom of -51.3 in April 2020; it had an average value of 7.7.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-08-31 | 14.8 |
| 2025-09-30 | 4.2 |
| 2025-10-31 | 2.7 |
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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) |