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) stood at 0.0 in August 2025, compared to -0.9 in July 2025.
Sample. This montly time series has a total of 290 data points. The span of time covered by the series goes from July 2001 to August 2025.
History. Take a look at some descriptive statistics we calculated on the whole sample: the diffusion index achieved a maximum of 33.0 in February 2002; it registered a minimum of -13.8 in February 2009; it had an average value of 7.3.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | -1.8 |
| 2025-07-31 | -0.9 |
| 2025-08-31 | 0.0 |
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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 | 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) |