Texas Manufacturing Outlook Survey: Shipments: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - 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 adjusted diffusion index for shipments (share of CEOs seeing a future increase minus share forecasting a decrease) was 43.1 in October 2026, versus 39.2 in the previous month.
Sample. There are 269 observations overall in the monthly series displayed in the graph above. The time period covered by the series goes from June 2004 to October 2026.
History. Check out some simple statistics computed on the entire sample: the diffusion index averaged 34.4; it registered a minimum of -23.2 in March 2020; it reached its maximum of 70.9 in July 2004.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-08-31 | 45.2000 |
| 2026-09-30 | 39.2000 |
| 2026-10-31 | 43.1000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will shipments 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 | Yes |
| 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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