The Dallas Fed Manufacturing Index is a monthly survey conducted by the Federal Reserve Bank of Dallas to assess business activity among manufacturers in Texas, northern Louisiana, and southern New Mexico. It provides an early snapshot of the manufacturing sector's health in a region heavily influenced by the energy industry. A reading above zero indicates expansion in the sector, while a reading below zero suggests contraction.
The index is calculated as a diffusion index, derived by subtracting the percentage of respondents reporting a decrease in business activity from the percentage reporting an increase. The survey covers various indicators including production, new orders, and employment.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 31, 2026 | 11.60 | 0.70 | +10.90 |
| Jul 27, 2026 | 1.30 | -1.00 | +2.30 |
| Jun 29, 2026 | 0.00 | 2.00 | -2.00 |
| May 26, 2026 | 0.40 | -1.00 | +1.40 |
| Apr 27, 2026 | -2.30 | -0.80 | -1.50 |
| Mar 30, 2026 | -0.20 | 0.70 | -0.90 |
| Feb 23, 2026 | 0.20 | -3.50 | +3.70 |
| Jan 26, 2026 | -1.20 | -6.00 | +4.80 |
| Dec 29, 2025 | -10.90 | -2.50 | -8.40 |
| Nov 24, 2025 | -10.40 | -1.00 | -9.40 |
| Oct 27, 2025 | -5.00 | -2.00 | -3.00 |
| Sep 29, 2025 | -8.70 | -7.00 | -1.70 |
| Aug 25, 2025 | -1.80 | 0.20 | -2.00 |
| Jul 28, 2025 | 0.90 | -8.00 | +8.90 |
| Jun 30, 2025 | -12.70 | -10.00 | -2.70 |
| May 27, 2025 | -15.30 | -25.00 | +9.70 |
| Apr 28, 2025 | -35.80 | -15.00 | -20.80 |
| Mar 31, 2025 | -16.30 | -12.00 | -4.30 |
| Feb 24, 2025 | -8.30 | 18.00 | -26.30 |
| Jan 27, 2025 | 14.10 | 4.00 | +10.10 |
| Dec 30, 2024 | 3.40 | -0.40 | +3.80 |
| Nov 25, 2024 | -2.70 | -2.40 | -0.30 |
| Oct 28, 2024 | -3.00 | -1.00 | -2.00 |
| Sep 30, 2024 | -9.00 | -4.50 | -4.50 |
| Aug 26, 2024 | -9.70 | -14.00 | +4.30 |
| Jul 29, 2024 | -17.50 | -12.00 | -5.50 |
| Jun 24, 2024 | -15.10 | -13.00 | -2.10 |
| May 28, 2024 | -19.40 | -14.00 | -5.40 |
| Apr 29, 2024 | -14.50 | -11.00 | -3.50 |
| Mar 25, 2024 | -14.40 | -8.00 | -6.40 |
| Feb 26, 2024 | -11.30 | -8.00 | -3.30 |
| Jan 29, 2024 | -27.40 | -23.00 | -4.40 |
| Dec 26, 2023 | -9.30 | -20.50 | +11.20 |
| Nov 27, 2023 | -19.90 | -17.00 | -2.90 |
| Oct 30, 2023 | -19.20 | -15.00 | -4.20 |
| Sep 25, 2023 | -18.10 | -10.00 | -8.10 |
| Aug 28, 2023 | -17.20 | -21.60 | +4.40 |
| Jul 31, 2023 | -20.00 | -18.00 | -2.00 |
| Jun 26, 2023 | -23.20 | -26.50 | +3.30 |
| May 30, 2023 | -29.10 | -25.00 | -4.10 |
| Apr 24, 2023 | -23.40 | -14.60 | -8.80 |
| Mar 27, 2023 | -15.70 | -10.00 | -5.70 |
| Feb 27, 2023 | -13.50 | -2.00 | -11.50 |
| Jan 30, 2023 | -8.40 | -11.00 | +2.60 |
| Dec 27, 2022 | -18.80 | -11.00 | -7.80 |
| Nov 28, 2022 | -14.40 | -20.90 | +6.50 |
| Oct 31, 2022 | -19.40 | -18.00 | -1.40 |
| Sep 26, 2022 | -17.20 | -5.00 | -12.20 |
| Aug 29, 2022 | -12.90 | -24.00 | +11.10 |
| Jul 25, 2022 | -22.60 | -12.00 | -10.60 |
