Texas Service Sector Outlook Survey: Company outlook: Current (improvement vs worsening; diffusion index; percentage points; seasonally adjusted) - 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. Based on firms' responses to the Texas Service Sector Outlook Survey carried out by the Dallas FED, the seasonally adjusted diffusion index for company outlook (share of CEOs seeing a recent improvement minus share reporting a worsening) stood at -3.2 in September 2026, versus 3.0 in August 2026.
Sample. In the monthly time series presented in the graph, there are 237 data points. The series covers the time span going from January 2007 to September 2026.
History. Here's a snapshot of some descriptive statistics calculated on the whole sample: the diffusion index reached a maximum of 30.4 in April 2021; it hit a minimum of -81.4 in March 2020; it averaged 3.8.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 10.4000 |
| 2026-08-31 | 3.00000 |
| 2026-09-30 | -3.20000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did the outlook of your company improve or worsen 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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