Texas Service Sector Outlook Survey: Hours worked: Current (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 survey data about service-sector firms collected by the Federal Reserve in Texas, the seasonally unadjusted diffusion index for hours worked (share of CEOs seeing a recent increase minus share reporting a decrease) stood at -0.6 in September 2026, versus 5.1 in August 2026.
Sample. There are 237 records in the monthly series displayed in the figure above. The time period covered by the series stretches from January 2007 to September 2026.
History. Check out some summary statistics calculated on the entire sample: the diffusion index hit a minimum of -42.2 in April 2020; it reached its maximum of 15.4 in April 2021; it had a mean value of 2.4.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 5.10000 |
| 2026-08-31 | 5.10000 |
| 2026-09-30 | -0.600000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did hours worked 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) |
Series in the same data set
Discover the other time series included in this data set.