Empire State Manufacturing Survey: Delivery times: Future (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 recent survey data about manufacturing firms in the State of New York, the seasonally unadjusted diffusion index for delivery times (share of CEOs seeing a future increase minus share forecasting a decrease) was 5.8 in October 2025, versus -2.0 in September 2025.
Sample. In this monthly time series, there are 292 observations overall. The time period covered by the series is from July 2001 to October 2025.
History. Here's a peek at some summary statistics calculated on the whole sample: the diffusion index averaged -1.1; it registered a minimum of -20.5 in September 2001; it recorded its maximum of 18.7 in March 2022.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-08-31 | 5.5 |
| 2025-09-30 | -2.0 |
| 2025-10-31 | 5.8 |
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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 | No |
| 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) |