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 manufacturing firms' responses to the Empire State Survey carried out by the New York FED, the seasonally adjusted diffusion index for prices received (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 27.2 in October 2025, versus 21.6 in September.
Sample. In this monthly time series, there are 292 observations overall. The series covers the time range stretching from July 2001 to October 2025.
History. Check out some summary statistics computed on the entire sample: the diffusion index had a mean of 9.6; it attained a maximum of 56.1 in March 2022; it reached its minimum of -27.3 in May 2009.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-08-31 | 22.9 |
| 2025-09-30 | 21.6 |
| 2025-10-31 | 27.2 |
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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) |