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. According to recent survey data about manufacturing firms in the State of New York, the seasonally adjusted diffusion index for delivery times (share of CEOs seeing a future increase minus share forecasting a decrease) stood at 11.8 in March 2026, compared to 9.1 in February.
Sample. There are 297 data points in the monthly time series displayed in the figure above. The series covers the span of time stretching from July 2001 to March 2026.
History. Take a look at some simple statistics we calculated on the whole sample: the diffusion index averaged -0.9; it reached its lowest level of -20.5 in September 2001; it hit a maximum of 18.7 in March 2022.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-01-31 | 11.3 |
| 2026-02-28 | 9.1 |
| 2026-03-31 | 11.8 |
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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
Discover the other time series included in this data set.