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Fifth District Survey of Non-Manufacturing Activity: Prices received: Current (average percent change; per cent; seasonally unadjusted) - United States - Richmond FED - Monthly

Latest updates. Based on a sample of nonmanufacturing firms surveyed by the Fed, the seasonally unadjusted average percent change in prices received over the past 12 months stood at 3.90 per cent in September 2026, versus 3.49 in August 2026.

Sample. There are 395 observations overall in the monthly time series displayed in the chart above. The series covers the span of time stretching from November 1993 to September 2026.

History. Here's a snapshot of a few statistics computed on the whole sample: the average percent change had a mean value of 1.96 per cent; it achieved a maximum of 7.27 per cent in October 2022; it reached its minimum of -0.50 per cent in November 2009.

Latest values

Date Value - Per cent
2026-07-31 3.40000
2026-08-31 3.49000
2026-09-30 3.90000

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Series Metadata

Field Value
Description Average percent change for the question: What was the average percent change in prices received over the past 12 months?
Country United States
Economic concept Business survey response
Data type Price
Deflation method Not applicable
Seasonally adjusted No
Rescaling None
Frequency Monthly
Unit Per cent
Source Federal Reserve Bank of Richmond
Source type Central bank
Data licence Not copyrightable under U.S. law
Measure type Average percent change reported by survey respondents
Other information Not available

Series in the same data set

Discover the other time series included in this data set.

Current conditions SA

Series Name Observations Start Date End Date
Fifth District Survey of Non-Manufacturing Activity: Local business conditions: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Demand: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Revenues: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 395 1993-11-30 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Number of employees: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 395 1993-11-30 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Average employee workweek: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 138 2010-12-31 2022-05-31
Fifth District Survey of Non-Manufacturing Activity: Capital expenditures: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Average wages: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 395 1993-11-30 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Availability of skills needed: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Equipment and software expenditures: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Business services expenditures: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30

Future conditions SA

Series Name Observations Start Date End Date
Fifth District Survey of Non-Manufacturing Activity: Local business conditions: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Demand: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 395 1993-11-30 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Revenues: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Number of employees: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Average employee workweek: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 138 2010-12-31 2022-05-31
Fifth District Survey of Non-Manufacturing Activity: Capital expenditures: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Average wages: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Availability of skills needed: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Equipment and software expenditures: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Business services expenditures: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30

Current conditions NSA

Series Name Observations Start Date End Date
Fifth District Survey of Non-Manufacturing Activity: Local business conditions: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Demand: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Revenues: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 395 1993-11-30 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Number of employees: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 395 1993-11-30 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Average employee workweek: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 138 2010-12-31 2022-05-31
Fifth District Survey of Non-Manufacturing Activity: Capital expenditures: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Average wages: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 395 1993-11-30 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Availability of skills needed: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Equipment and software expenditures: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Business services expenditures: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Prices received: Current (average percent change; per cent; seasonally unadjusted) - United States - Richmond FED - Monthly 395 1993-11-30 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Prices paid: Current (average percent change; per cent; seasonally unadjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30

Future conditions NSA

Series Name Observations Start Date End Date
Fifth District Survey of Non-Manufacturing Activity: Local business conditions: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Demand: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 395 1993-11-30 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Revenues: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Number of employees: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Average employee workweek: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 138 2010-12-31 2022-05-31
Fifth District Survey of Non-Manufacturing Activity: Capital expenditures: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Average wages: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Availability of skills needed: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Equipment and software expenditures: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Business services expenditures: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Prices received: Future (average percent change; per cent; seasonally unadjusted) - United States - Richmond FED - Monthly 395 1993-11-30 2026-09-30
Fifth District Survey of Non-Manufacturing Activity: Prices paid: Future (average percent change; per cent; seasonally unadjusted) - United States - Richmond FED - Monthly 190 2010-12-31 2026-09-30