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) was -1.8 in August 2025, versus -2.8 in July 2025.
Sample. There are 16 data points in the montly series presented in the plot above. The series covers the time span going from May 2024 to August 2025.
History. Check out some descriptive statistics we computed on the full sample: the diffusion index reached a maximum of 9.1 in May 2024; it hit a trough of -27.6 in May 2025; it had an average value of -3.6.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | -5.5 |
| 2025-07-31 | -2.8 |
| 2025-08-31 | -1.8 |
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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 | Montly |
| 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) |