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 a sample of manufacturing firms surveyd by the FED, the seasonally adjusted diffusion index for prices paid (share of CEOs seeing a recent increase minus share reporting a decrease) was 52.4 in October 2025, compared to 46.1 in September 2025.
Sample. This monthly series has 292 data points in total. The series covers the span of time extending from July 2001 to October 2025.
History. Here’s a quick look at a few descriptive statistics computed on the entire sample: the diffusion index had an average value of 30.9; it registered a minimum of -18.2 in January 2009; it reached a maximum of 86.4 in April 2022.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-08-31 | 54.1 |
| 2025-09-30 | 46.1 |
| 2025-10-31 | 52.4 |
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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) |