Business Leaders Survey: Prices paid: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - NY FED - Monthly
This series is part of the dataset: Business Leaders Survey (NY FED)
Download Full Dataset (.xlsx)Latest updates. According to survey data about service firms in the Second Federal Reserve District collected by the Federal Reserve, the seasonally unadjusted diffusion index for prices paid (share of CEOs seeing a future increase minus share forecasting a decrease) stood at 68.1 in October 2026, compared to 68.9 in the previous month.
Sample. There are 266 data points overall in the monthly series shown in the plot above. The series covers the span of time going from September 2004 to October 2026.
History. Here's a peek at a few summary statistics we computed on the whole sample: the diffusion index recorded a minimum of 0.0 in March 2009; it reached its highest level of 89.3 in July 2008; it was equal on average to 53.4.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-08-31 | 67.0000 |
| 2026-09-30 | 68.9000 |
| 2026-10-31 | 68.1000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Over the next six months do you expect prices paid to increase or decrease? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Leading indicator of the business cycle |
| Deflation method | Not applicable |
| Seasonally adjusted | No |
| Rescaling | None |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | Federal Reserve Bank of New York |
| Source type | Central bank |
| Data licence | Free use subject to conditions |
| Measure type | Diffusion index (share of respondents reporting an increase minus share reporting a decrease) |
Series in the same data set
Discover the other time series included in this data set.
Current conditions SA
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Business Leaders Survey: Wages: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - NY FED - Monthly | 266 | 2004-09-30 | 2026-10-31 |
Future conditions SA
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Business Leaders Survey: Wages: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - NY FED - Monthly | 266 | 2004-09-30 | 2026-10-31 |