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. According to survey data about NY-based manufacturers, the seasonally unadjusted diffusion index for prices received (share of CEOs seeing a future increase minus share forecasting a decrease) was 33.3 in March 2026, compared to 41.4 in February.
Sample. There are 297 records in the monthly series displayed in the chart above. The series covers the time period stretching from July 2001 to March 2026.
History. Here's a snapshot of a few summary statistics computed on the whole sample: the diffusion index attained a maximum of 62.1 in January 2022; it reached its minimum of -14.6 in March 2009; it averaged 22.6.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-01-31 | 41.2 |
| 2026-02-28 | 41.4 |
| 2026-03-31 | 33.3 |
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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
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