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 surveyed by the Fed, the seasonally adjusted diffusion index for delivery times (share of CEOs seeing a future increase minus share forecasting a decrease) stood at 11.6 in October 2026, versus 7.9 in the previous month.
Sample. In this monthly time series, there are 304 records overall. The time range covered by the series extends from July 2001 to October 2026.
History. Here's a snapshot of some descriptive statistics calculated on the whole sample: the diffusion index was equal on average to -0.8; it recorded a minimum of -20.5 in September 2001; it recorded its highest level of 18.7 in March 2022.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-08-31 | 7.20000 |
| 2026-09-30 | 7.90000 |
| 2026-10-31 | 11.6000 |
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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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