Average Fed Srv Survey: Capital expenditures: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly
This series is part of the dataset: Average Fed Srv Survey (FetchSeries Research)
Download Full Dataset (.xlsx)Latest updates. Based on an average of regional Federal Reserve services surveys, the seasonally unadjusted diffusion index for capital expenditures was 4.8 (share of CEOs seeing a recent increase minus share reporting a decrease) in September 2026, versus 6.7 in August.
Sample. There are 153 records in the monthly time series shown in the graph above. The period covered by the series is from January 2014 to September 2026.
History. Have a look at some simple statistics we computed on the entire sample: the diffusion index averaged 8.8; it recorded a minimum of -36.0 in April 2020; it reached its highest level of 18.7 in November 2017.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 8.62500 |
| 2026-08-31 | 6.72500 |
| 2026-09-30 | 4.85000 |
Hint. We organize time series into worksheets and datasets for easier exploration. By scrolling down, you will find how we structured further information related to the statistics provided here.
Not for investment purposes. Content found on this web site is not suitable for investment purposes or as a basis for making financial decisions. Users should ask for professional advice and do independent analysis before pledging money to any investment.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did capital expenditures 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 4 regional Federal Reserve services surveys |
| FSR temporal aggregation code | LM01 |
Series in the same data set
Discover the other time series included in this data set.