Empire State Manufacturing Survey: Prices received: Current (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. Based on manufacturing firms' responses to the Empire State Survey carried out by the New York FED, the seasonally unadjusted diffusion index for prices received (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 22.9 in August 2025, compared to 25.7 in July 2025.
Sample. In the montly time series displayed in the graph, there are 290 data points overall. The series covers the time span extending from July 2001 to August 2025.
History. Take a look at a few summary statistics calculated on the full sample: the diffusion index reached a minimum of -27.3 in May 2009; it reached its highest level of 56.1 in March 2022; it had a mean of 9.5.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-06-30 | 26.6 |
| 2025-07-31 | 25.7 |
| 2025-08-31 | 22.9 |
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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 | No |
| Rescaling | None |
| Frequency | Montly |
| 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) |