Empire State Manufacturing Survey: Shipments: Current (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 shipments (share of CEOs seeing a recent increase minus share reporting a decrease) was 13.1 in October 2026, versus -3.2 in the previous month.
Sample. In this monthly series, there are a total of 304 observations. The period covered by the series goes from July 2001 to October 2026.
History. Here’s a quick look at a few statistics computed on the entire sample: the diffusion index reached its minimum of -70.9 in April 2020; it reached its maximum of 49.6 in April 2004; it had a mean of 10.3.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-08-31 | 11.7000 |
| 2026-09-30 | -3.20000 |
| 2026-10-31 | 13.1000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did shipments increase or decrease in the past month? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Coincident 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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