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. According to survey data about NY-based manufacturers, the seasonally unadjusted 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.
Sample. There are 292 records in the monthly series presented in the chart above. The time range covered by the series goes from July 2001 to October 2025.
History. Here are a few summary statistics we calculated on the full sample: the diffusion index had a mean value of 30.9; it achieved a maximum of 86.4 in April 2022; it recorded a bottom of -18.2 in January 2009.
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 | 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) |