Empire State Manufacturing Survey: New orders: Current (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 new orders (share of CEOs seeing a recent increase minus share reporting a decrease) was -0.0 in December 2025, compared to 15.9 in the previous month.
Sample. There are 294 data points overall in the monthly time series displayed in the figure above. The series covers the time span going from July 2001 to December 2025.
History. Check out a few descriptive statistics computed on the entire sample: the diffusion index attained a maximum of 42.0 in May 2004; it recorded a bottom of -69.1 in April 2020; it was equal on average to 6.0.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-10-31 | 3.7 |
| 2025-11-30 | 15.9 |
| 2025-12-31 | -0.0 |
Tip. A benefit of our web site is that we give you complete metadata. Find it below to learn more about the characteristics of the time series that you analyze.
Not for investment purposes. Data and analyses hosted on this web site are not intended for investment purposes or any other financial decision. Users should seek expert advice and do their own independent due diligence before taking any financial risk.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did new orders increase or decrease in the past month? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Coincident 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.