Fifth District Survey of Manufacturing Activity: Unfilled orders: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - 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 unadjusted diffusion index for unfilled orders (share of CEOs seeing a recent increase minus share reporting a decrease) stood at -16.0 in September 2025, compared to -18.0 in August.
Sample. This monthly series has 290 observations. The period covered by the series is from January 1993 to September 2025.
History. Here's a snapshot of some simple statistics we computed on the whole sample: the diffusion index had a mean value of -7.2; it peaked at 35.0 in May 2021; it registered a minimum of -54.0 in February 2008.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-07-31 | -31.0 |
| 2025-08-31 | -18.0 |
| 2025-09-30 | -16.0 |
Hint. Our metadata often comprise links to the sources of the data series we publish. You can use these links to search for additional information needed in your research.
Not for investment purposes. Financial data available on FetchSeries are not not supposed to be used for investment purposes or as a basis for financial-decision making. Users should obtain expert advice and perform their own independent due diligence before making any financial commitments.
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 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) |