Empire State Manufacturing Survey: Unfilled orders: Current (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 a sample of manufacturing firms surveyed by the Fed, the seasonally unadjusted diffusion index for unfilled orders (share of CEOs seeing a recent increase minus share reporting a decrease) was 14.0 in October 2026, compared to 5.9 in the previous month.
Sample. The monthly time series presented in the plot has 304 observations overall. The span of time covered by the series extends from July 2001 to October 2026.
History. Here's a glimpse of a few descriptive statistics we calculated on the entire sample: the diffusion index reached its lowest level of -27.7 in December 2008; it hit a maximum of 36.5 in September 2001; it had a mean of -4.3.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-08-31 | 15.5000 |
| 2026-09-30 | 5.90000 |
| 2026-10-31 | 14.0000 |
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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 | 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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