Average Fed Mfg Survey: Prices paid: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - 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 adjusted diffusion index for prices paid stood at 58.0 (share of CEOs seeing a recent increase minus share reporting a decrease) in September 2026, versus 49.6 in the previous month.
Sample. This monthly time series has 268 observations. The series covers the time period extending from June 2004 to September 2026.
History. Here's a snapshot of a few descriptive statistics we computed on the whole sample: the diffusion index hit a minimum of -37.4 in March 2009; it reached a maximum of 83.8 in November 2021; it had a mean value of 30.5.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 49.8750 |
| 2026-08-31 | 49.6500 |
| 2026-09-30 | 57.9750 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did prices paid 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 | Yes |
| 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 4 regional Federal Reserve manufacturing surveys |
| FSR temporal aggregation code | LM01 |
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