Empire State Manufacturing Survey: Prices received: Future (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 future increase minus share forecasting a decrease) was 40.4 in April 2026, versus 33.3 in March.
Sample. There are 298 records overall in the monthly time series displayed in the graph above. The series covers the time span going from July 2001 to April 2026.
History. Check out a few summary statistics calculated on the entire sample: the diffusion index reached a trough of -14.6 in March 2009; it peaked at 62.1 in January 2022; it was equal on average to 22.7.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-02-28 | 41.4 |
| 2026-03-31 | 33.3 |
| 2026-04-30 | 40.4 |
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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 | 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.