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 recent survey data about manufacturing firms in the State of New York, the seasonally adjusted diffusion index for prices received (share of CEOs seeing a future increase minus share forecasting a decrease) stood at 43.7 in October 2025, compared to 43.1 in September 2025.
Sample. There are 292 records overall in the monthly series shown in the figure above. The series covers the period extending from July 2001 to October 2025.
History. Here are some simple statistics computed on the full sample: the diffusion index was equal on average to 22.3; it reached a maximum of 62.1 in January 2022; it recorded a minimum of -14.6 in March 2009.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-08-31 | 41.3 |
| 2025-09-30 | 43.1 |
| 2025-10-31 | 43.7 |
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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) |