Empire State Manufacturing Survey: Prices paid: 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. Based on manufacturing firms' responses to the Empire State Survey carried out by the New York FED, the seasonally adjusted diffusion index for prices paid (share of CEOs seeing a recent increase minus share reporting a decrease) was 51.0 in April 2026, compared to 36.6 in March.
Sample. The monthly series shown in the plot has 298 observations. The series covers the time period stretching from July 2001 to April 2026.
History. Here's a snapshot of some summary statistics calculated on the whole sample: the diffusion index had an average value of 31.2; it hit a trough of -34.1 in March 2009; it hit a peak of 84.9 in April 2022.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-02-28 | 49.1 |
| 2026-03-31 | 36.6 |
| 2026-04-30 | 51.0 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did prices paid 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
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