Manufacturing Business Outlook Survey: Prices paid: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly
This series is part of the dataset: Manufacturing Business Outlook Survey (Philly FED)
Download Full Dataset (.xlsx)Latest updates. According to recent survey data about manufacturing firms in the Third Federal Reserve District, the seasonally adjusted diffusion index for prices paid (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 44.7 in March 2026, compared to 38.9 in February 2026.
Sample. In the monthly series displayed in the figure, there are 695 records in total. The period covered by the series goes from May 1968 to March 2026.
History. Here’s a quick look at a few statistics computed on the full sample: the diffusion index recorded its highest level of 91.1 in March 1974; it reached its minimum of -35.5 in April 2009; it was equal on average to 29.3.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-01-31 | 46.9 |
| 2026-02-28 | 38.9 |
| 2026-03-31 | 44.7 |
Suggestion. Our metadata often comprise links to the sources of the time-series data shown on FetchSeries. You can use these links to search for additional information needed in your research.
Not for investment purposes. Content accessible on FetchSeries is not not supposed to be used for investment purposes or other financial decisions. Users should ask for expert advice and perform independent analysis before taking any financial risk.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did prices paid 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 Philadelphia |
| 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.