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) was 19.8 in December 2025, compared to 24.0 in November 2025.
Sample. There are 294 observations overall in the monthly time series shown in the plot above. The time span covered by the series stretches from July 2001 to December 2025.
History. Here's a snapshot of some summary statistics computed on the full sample: the diffusion index recorded a maximum of 56.1 in March 2022; it recorded a minimum of -27.3 in May 2009; it was equal on average to 9.7.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-10-31 | 27.2 |
| 2025-11-30 | 24.0 |
| 2025-12-31 | 19.8 |
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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 | 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
Discover the other time series included in this data set.