Empire State Manufacturing Survey: Prices received: Future (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. According to survey data about NY-based manufacturers, the seasonally adjusted diffusion index for prices received (share of CEOs seeing a future increase minus share forecasting a decrease) stood at 38.6 in April 2026, compared to 32.4 in the previous month.
Sample. This monthly time series has 298 data points in total. The series covers the time period extending from July 2001 to April 2026.
History. Here's a snapshot of some descriptive statistics we calculated on the full sample: the diffusion index was equal on average to 22.6; it registered a minimum of -17.1 in March 2009; it reached a maximum of 60.1 in July 2021.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-02-28 | 40.3 |
| 2026-03-31 | 32.4 |
| 2026-04-30 | 38.6 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will prices received 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 | 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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