Average Fed Mfg Survey: Prices received: Future (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 received was 54.1 (share of CEOs seeing a future increase minus share forecasting a decrease) in September 2026, versus 51.6 in the previous month.
Sample. There are 268 data points overall in the monthly series shown in the figure above. The span of time covered by the series stretches from June 2004 to September 2026.
History. Check out a few statistics computed on the entire sample: the diffusion index had an average value of 26.8; it recorded a bottom of -17.5 in March 2009; it hit a peak of 62.5 in March 2022.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 41.9250 |
| 2026-08-31 | 51.6000 |
| 2026-09-30 | 54.1000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will prices received increase or decrease over the next six months? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Leading 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 |
Series in the same data set
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