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 firms' responses to the Texas Manufacturing Outlook Survey carried out by the Dallas FED, the seasonally adjusted diffusion index for unfilled orders (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 3.3 in May 2026, compared to -6.5 in the previous month.
Sample. In the monthly series plotted above, there are 264 data points. The period covered by the series stretches from June 2004 to May 2026.
History. Here’s a quick look at some statistics calculated on the whole sample: the diffusion index had a mean of -2.7; it reached its minimum of -34.4 in March 2009; it reached a maximum of 35.1 in September 2005.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-03-31 | -6.1 |
| 2026-04-30 | -6.5 |
| 2026-05-31 | 3.3 |
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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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