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 -6.6 in November 2025, compared to -6.4 in October 2025.
Sample. In the monthly series displayed in the chart, there are 258 observations. The series covers the period going from June 2004 to November 2025.
History. Here's a snapshot of some simple statistics computed on the whole sample: the diffusion index recorded its maximum of 35.3 in September 2005; it registered a minimum of -34.2 in March 2009; it had a mean value of -2.6.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-30 | -8.4 |
| 2025-10-31 | -6.4 |
| 2025-11-30 | -6.6 |
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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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