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 40.2 in March 2026, versus 52.5 in February 2026.
Sample. There are 297 observations in the monthly time series shown in the figure above. The series covers the span of time extending from July 2001 to March 2026.
History. Here's a snapshot of a few summary statistics calculated on the whole sample: the diffusion index attained a maximum of 86.4 in April 2022; it hit a trough of -18.2 in January 2009; it had a mean value of 31.1.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-01-31 | 38.1 |
| 2026-02-28 | 52.5 |
| 2026-03-31 | 40.2 |
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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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