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) was 61.6 in April 2026, compared to 43.1 in March.
Sample. There are 298 records overall in the monthly time series displayed in the graph above. The period covered by the series extends from July 2001 to April 2026.
History. Here's a snapshot of some simple statistics we computed on the full sample: the diffusion index had a mean value of 41.9; it recorded a maximum of 76.7 in January 2022; it registered a minimum of -26.9 in September 2001.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-02-28 | 57.6 |
| 2026-03-31 | 43.1 |
| 2026-04-30 | 61.6 |
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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) |
Series in the same data set
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