Empire State Manufacturing Survey: Availability of supplies: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - NY FED - Monthly
This series is part of the dataset: Empire State Manufacturing Survey (NY FED)
Download Full Dataset (.xlsx)Latest updates. Based on manufacturing firms' responses to the Empire State Survey carried out by the New York FED, the seasonally unadjusted diffusion index for the availability of supplies (share of CEOs seeing a future increase minus share forecasting a decrease) stood at -8.1 in April 2026, compared to -2.0 in the previous month.
Sample. The monthly series plotted above has 24 records. The series covers the time period extending from May 2024 to April 2026.
History. Have a look at some descriptive statistics we computed on the whole sample: the diffusion index recorded its highest level of 9.1 in May 2024; it reached its minimum of -27.6 in May 2025; it was equal on average to -2.9.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-02-28 | 2.0 |
| 2026-03-31 | -2.0 |
| 2026-04-30 | -8.1 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will the availability of supplies increase or decrease over the next six months? |
| 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) |
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