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 manufacturing firms' responses to the Empire State Survey carried out by the New York FED, the seasonally unadjusted diffusion index for prices paid (share of CEOs seeing a recent increase minus share reporting a decrease) was 54.1 in August 2025, compared to 56.0 in the previous month.
Sample. This montly time series has a total of 290 observations. The period covered by the series goes from July 2001 to August 2025.
History. Check out some descriptive statistics calculated on the entire sample: the diffusion index averaged 30.8; it reached its maximum of 86.4 in April 2022; it reached its minimum of -18.2 in January 2009.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | 46.8 |
| 2025-07-31 | 56.0 |
| 2025-08-31 | 54.1 |
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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 | Montly |
| 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) |