Texas Service Sector Outlook Survey: Company outlook: Future (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. According to recent survey data about service-sector firms in Texas, the seasonally adjusted diffusion index for company outlook (share of CEOs seeing a future improvement minus share forecasting a worsening) was 10.5 in September 2026, compared to 19.1 in the previous month.
Sample. There are 237 records overall in the monthly time series shown in the plot above. The period covered by the series goes from January 2007 to September 2026.
History. Here's a peek at some summary statistics we calculated on the entire sample: the diffusion index reached its lowest level of -55.3 in March 2020; it peaked at 44.6 in May 2021; it was equal on average to 15.3.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 21.0000 |
| 2026-08-31 | 19.1000 |
| 2026-09-30 | 10.5000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will the outlook of your company improve or worsen 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 | 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) |
Series in the same data set
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