Average Fed Mfg Survey: Average employee workweek: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly
This series is part of the dataset: Average Fed Mfg Survey (FetchSeries Research)
Download Full Dataset (.xlsx)Latest updates. Based on an average of regional Federal Reserve manufacturing surveys, the seasonally unadjusted diffusion index for average employee workweek stood at 13.8 (share of CEOs seeing a recent increase minus share reporting a decrease) in September 2026, compared to 11.8 in the previous month.
Sample. There are 268 observations overall in the monthly time series shown in the graph above. The series covers the time period stretching from June 2004 to September 2026.
History. Here's a snapshot of some simple statistics computed on the full sample: the diffusion index achieved a maximum of 25.8 in April 2021; it recorded a minimum of -44.8 in April 2020; it averaged 1.8.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 5.85000 |
| 2026-08-31 | 11.8000 |
| 2026-09-30 | 13.8250 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did the average employee workweek increase or decrease in the past month? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Coincident indicator of the business cycle |
| Seasonally adjusted | No |
| Deflation method | Not applicable |
| Rescaling | None |
| Measure type | Diffusion index (share of respondents reporting an increase minus share reporting a decrease) |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | FetchSeries Research calculations on Federal Reserve data |
| Source type | Data research lab |
| Data licence | Creative Commons Attribution 4.0 International (CC BY 4.0) + FetchSeries disclaimers |
| Other information | Arithmetic average across 5 regional Federal Reserve manufacturing surveys |
| FSR temporal aggregation code | LM01 |
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