Texas Service Sector Outlook Survey: General business activity: 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. Based on firms' responses to the Texas Service Sector Outlook Survey carried out by the Dallas FED, the seasonally unadjusted diffusion index for general business activity (share of CEOs seeing a future increase minus share forecasting a decrease) was 6.5 in September 2026, compared to 15.4 in August.
Sample. In the monthly time series plotted above, there are 237 observations overall. The series covers the time period going from January 2007 to September 2026.
History. Take a look at some statistics we calculated on the entire sample: the diffusion index reached its minimum of -55.3 in March 2020; it reached its highest level of 52.9 in May 2021; it had a mean value of 11.8.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 14.7000 |
| 2026-08-31 | 15.4000 |
| 2026-09-30 | 6.50000 |
Nugget of wisdom. Our metadata often include references to the original sources of the time-series data shown on FetchSeries. You can use these references to find more details.
Not for investment purposes. Content accessible on this web site is not supposed to be used for investment purposes or other financial decisions. Users should consult professional advice and perform independent analysis before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will general business activity 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.