Empire State Manufacturing Survey: Delivery times: 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. Based on a sample of manufacturing firms surveyd by the FED, the seasonally adjusted diffusion index for delivery times (share of CEOs seeing a future increase minus share forecasting a decrease) was 7.9 in June 2026, compared to 1.0 in May 2026.
Sample. There are 300 data points in the monthly time series shown in the figure above. The series covers the period stretching from July 2001 to June 2026.
History. Here's a glimpse of some simple statistics computed on the full sample: the diffusion index had a mean of -0.9; it recorded its highest level of 18.7 in March 2022; it reached a trough of -20.5 in September 2001.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-04-30 | 8.1 |
| 2026-05-31 | 1.0 |
| 2026-06-30 | 7.9 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will delivery times 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
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