Texas Manufacturing Outlook Survey: Unfilled orders: 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. Based on firms' responses to the Texas Manufacturing Outlook Survey carried out by the Dallas FED, the seasonally unadjusted diffusion index for unfilled orders (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 6.7 in May 2026, compared to -4.5 in April.
Sample. This monthly time series has 263 observations. The time range covered by the series goes from June 2004 to May 2026.
History. Check out a few summary statistics computed on the full sample: the diffusion index reached a minimum of -33.0 in November 2008; it peaked at 32.1 in September 2005; it was equal on average to -2.7.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-03-31 | 1.2 |
| 2026-04-30 | -4.5 |
| 2026-05-31 | 6.7 |
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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 | 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) |
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