Empire State Manufacturing Survey: Prices received: Current (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. Based on a sample of manufacturing firms surveyd by the FED, the seasonally adjusted diffusion index for prices received (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 21.4 in March 2026, compared to 22.2 in the previous month.
Sample. There are 297 records overall in the monthly time series shown in the chart above. The time range covered by the series extends from July 2001 to March 2026.
History. Here are some summary statistics we calculated on the full sample: the diffusion index was equal on average to 9.7; it recorded a bottom of -26.9 in November 2001; it attained a maximum of 53.1 in November 2021.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-01-31 | 14.4 |
| 2026-02-28 | 22.2 |
| 2026-03-31 | 21.4 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did prices received 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 | 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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