Empire State Manufacturing Survey: Prices paid: Current (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. Based on a sample of manufacturing firms surveyd by the FED, the seasonally unadjusted diffusion index for prices paid (share of CEOs seeing a recent increase minus share reporting a decrease) was 38.1 in January 2026, versus 37.6 in December 2025.
Sample. In the monthly series shown in the chart, there are 295 records overall. The time range covered by the series stretches from July 2001 to January 2026.
History. Here's a snapshot of some descriptive statistics computed on the full sample: the diffusion index was equal on average to 31.0; it peaked at 86.4 in April 2022; it reached its minimum of -18.2 in January 2009.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-11-30 | 49.0 |
| 2025-12-31 | 37.6 |
| 2026-01-31 | 38.1 |
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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 | 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) |
Series in the same data set
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