Empire State Manufacturing Survey: Prices paid: Future (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 recent survey data about manufacturing firms in the State of New York, the seasonally unadjusted diffusion index for prices paid (share of CEOs seeing a future increase minus share forecasting a decrease) stood at 59.4 in June 2026, compared to 62.1 in May 2026.
Sample. There are 300 records overall in the monthly series displayed in the chart above. The series covers the time span going from July 2001 to June 2026.
History. Here are a few simple statistics we calculated on the entire sample: the diffusion index had a mean of 42.0; it reached a trough of -26.9 in September 2001; it reached a maximum of 76.7 in January 2022.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-04-30 | 61.6 |
| 2026-05-31 | 62.1 |
| 2026-06-30 | 59.4 |
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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 | 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) |
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