Texas Manufacturing Outlook Survey: Unfilled orders: Current (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. Based on a sample of manufacturing firms surveyd by the FED, the seasonally adjusted diffusion index for unfilled orders (share of CEOs seeing a recent increase minus share reporting a decrease) stood at -2.0 in July 2026, compared to -2.8 in June 2026.
Sample. There are 266 observations overall in the monthly series presented in the figure above. The period covered by the series goes from June 2004 to July 2026.
History. Have a look at a few simple statistics computed on the full sample: the diffusion index recorded a bottom of -34.4 in March 2009; it recorded its maximum of 35.1 in September 2005; it had a mean of -2.7.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-05-31 | 3.3 |
| 2026-06-30 | -2.8 |
| 2026-07-31 | -2.0 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did unfilled orders 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 | 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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