Fifth District Survey of Manufacturing Activity: Vendor lead times: 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. Based on firms' responses to the Fifth District Survey of Manufacturing Activity carried out by the Richmond FED, the seasonally adjusted diffusion index for vendor lead times (share of CEOs seeing a recent increase minus share reporting a decrease) was 18.0 in October 2026, compared to 8.0 in September.
Sample. In this monthly series, there are a total of 364 records. The period covered by the series stretches from July 1996 to October 2026.
History. Here’s a quick look at a few simple statistics calculated on the whole sample: the diffusion index reached its highest level of 67.0 in May 2021; it recorded a bottom of -29.0 in December 2022; it had a mean value of 6.4.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-08-31 | 16.0000 |
| 2026-09-30 | 8.00000 |
| 2026-10-31 | 18.0000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did vendor lead times 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) |
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