Empire State Manufacturing Survey: Unfilled orders: 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 unfilled orders (share of CEOs seeing a recent increase minus share reporting a decrease) was 9.1 in April 2026, versus 10.8 in March.
Sample. There are 298 data points overall in the monthly series shown in the plot above. The series covers the time range stretching from July 2001 to April 2026.
History. Have a look at some simple statistics calculated on the full sample: the diffusion index had a mean of -4.6; it hit a peak of 36.5 in September 2001; it hit a trough of -27.7 in December 2008.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-02-28 | 9.1 |
| 2026-03-31 | 10.8 |
| 2026-04-30 | 9.1 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did unfilled orders 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) |
Series in the same data set
Discover the other time series included in this data set.