Empire State Manufacturing Survey: Average employee workweek: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - NY FED - Monthly
This series is part of the dataset: Empire State Manufacturing Survey (NY FED)
Download Full Dataset (.xlsx)Latest updates. According to recent survey data about manufacturing firms in the State of New York, the seasonally adjusted diffusion index for the average employee workweek (share of CEOs seeing a future increase minus share forecasting a decrease) was 10.8 in March 2026, compared to 15.2 in the previous month.
Sample. There are 297 data points in the monthly series shown in the graph above. The period covered by the series extends from July 2001 to March 2026.
History. Check out some statistics we calculated on the entire sample: the diffusion index averaged 7.4; it recorded a minimum of -13.8 in February 2009; it recorded its maximum of 33.0 in February 2002.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-01-31 | 17.5 |
| 2026-02-28 | 15.2 |
| 2026-03-31 | 10.8 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will the average employee workweek 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 | Yes |
| 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.