Empire State Manufacturing Survey: Delivery times: Current (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 a sample of manufacturing firms surveyd by the FED, the seasonally unadjusted diffusion index for delivery times (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 3.9 in October 2025, compared to 0.0 in September.
Sample. There are 292 observations overall in the monthly time series shown in the plot above. The series covers the time period going from July 2001 to October 2025.
History. Here's a snapshot of some simple statistics we calculated on the full sample: the diffusion index recorded a minimum of -26.9 in November 2001; it recorded its maximum of 38.0 in October 2021; it had a mean of -0.2.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-08-31 | 17.4 |
| 2025-09-30 | 0.0 |
| 2025-10-31 | 3.9 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did delivery times increase or decrease in the past month? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Coincident 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) |