Empire State Manufacturing Survey: Prices paid: Future (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. According to recent survey data about manufacturing firms in the State of New York, the seasonally adjusted diffusion index for prices paid (share of CEOs seeing a future increase minus share forecasting a decrease) was 57.7 in August 2026, versus 53.0 in the previous month.
Sample. This monthly series has 302 data points. The series covers the span of time going from July 2001 to August 2026.
History. Here's a snapshot of some simple statistics calculated on the full sample: the diffusion index was equal on average to 42.1; it reached its highest level of 76.7 in January 2022; it hit a trough of -26.9 in September 2001.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-06-30 | 59.4 |
| 2026-07-31 | 53.0 |
| 2026-08-31 | 57.7 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will prices paid increase or decrease over the next six months? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Leading 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) |
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