Texas Service Sector Outlook Survey: Capital expenditures: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Dallas FED - Monthly
This series is part of the dataset: Texas Service Sector Outlook Survey (Dallas FED)
Download Full Dataset (.xlsx)Latest updates. According to recent survey data about service-sector firms in Texas, the seasonally unadjusted diffusion index for capital expenditures (share of CEOs seeing a future increase minus share forecasting a decrease) stood at 20.9 in September 2026, compared to 20.2 in August 2026.
Sample. In this monthly time series, there are a total of 237 records. The time span covered by the series goes from January 2007 to September 2026.
History. Here are a few statistics we computed on the whole sample: the diffusion index was equal on average to 22.3; it hit a peak of 48.4 in February 2007; it recorded a minimum of -27.5 in April 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 22.9000 |
| 2026-08-31 | 20.2000 |
| 2026-09-30 | 20.9000 |
Hint. To simplify complex analyses, we group series into worksheets and datasets. By moving down the page, you will find how we structured further information linked to the statistics found here.
Not for investment purposes. Time series and other data hosted on FetchSeries are not intended for investment purposes or as a basis for financial-decision making. Users should consult expert advice and perform independent analysis before taking any financial risk.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will capital expenditures 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 | 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) |
Series in the same data set
Discover the other time series included in this data set.