Fifth District Survey of Manufacturing Activity: New orders: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly
This series is part of the dataset: Fifth District Survey of Manufacturing Activity (Richmond FED)
Download Full Dataset (.xlsx)Latest updates. According to survey data about manufacturers based in the Fifth District, the seasonally adjusted diffusion index for new orders (share of CEOs seeing a recent increase minus share reporting a decrease) stood at -22.0 in November 2025, compared to -6.0 in the previous month.
Sample. There are 387 data points overall in the monthly time series shown in the chart above. The series covers the time period extending from January 1993 to November 2025.
History. Here's a glimpse of some statistics calculated on the full sample: the diffusion index had a mean value of 1.7; it registered a minimum of -62.0 in April 2020; it hit a maximum of 38.0 in June 2021.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-30 | -15.0 |
| 2025-10-31 | -6.0 |
| 2025-11-30 | -22.0 |
Nugget of wisdom. Our metadata often comprise references to the original sources of the data series we publish. You can use these references to search for additional information needed in your analyses.
Not for investment purposes. Data series and other information hosted on FetchSeries are not suitable for investment purposes or any other financial decision. Users should consult professional advice and do their own independent due diligence before pledging money to any investment.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did new 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 Richmond |
| Source type | Central bank |
| Data licence | Not copyrightable under U.S. law |
| 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.