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) was 5.5 in August 2025, compared to -3.7 in July.
Sample. This montly time series has a total of 290 observations. The time range covered by the series is from July 2001 to August 2025.
History. Check out some descriptive statistics computed on the full sample: the diffusion index reached a trough of -20.5 in September 2001; it reached a maximum of 18.7 in March 2022; it averaged -1.1.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | -9.2 |
| 2025-07-31 | -3.7 |
| 2025-08-31 | 5.5 |
Suggestion. To simplify research, we organize time series into data sets and worksheets. If you navigate further down, you will find how we arranged further information linked to the statistics found here.
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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 | 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) |