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 47.7 in October 2026, compared to 41.6 in the previous month.
Sample. In this monthly time series, there are 304 observations overall. The span of time covered by the series goes from July 2001 to October 2026.
History. Here’s a quick look at some summary statistics we calculated on the whole sample: the diffusion index had an average value of 23.1; it recorded a bottom of -14.6 in March 2009; it achieved a maximum of 62.1 in January 2022.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-08-31 | 46.4000 |
| 2026-09-30 | 41.6000 |
| 2026-10-31 | 47.7000 |
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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) |
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