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. According to survey data about NY-based manufacturers collected by the Federal Reserve, the seasonally unadjusted diffusion index for delivery times (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 17.4 in August 2025, compared to 8.3 in July 2025.
Sample. The montly time series displayed in the graph has 290 observations. The series covers the span of time extending from July 2001 to August 2025.
History. Here’s a quick look at some simple statistics we calculated on the entire sample: the diffusion index hit a minimum of -26.9 in November 2001; it reached its maximum of 38.0 in October 2021; it was equal on average to -0.2.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | 1.8 |
| 2025-07-31 | 8.3 |
| 2025-08-31 | 17.4 |
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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 | 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) |