Manufacturing Business Outlook Survey: Prices paid: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly
This series is part of the dataset: Manufacturing Business Outlook Survey (Philly FED)
Download Full Dataset (.xlsx)Latest updates. Based on a sample of manufacturing firms surveyed by the Fed, the seasonally unadjusted diffusion index for prices paid (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 37.5 in October 2026, compared to 44.0 in September 2026.
Sample. The monthly series shown in the chart has 702 data points. The time range covered by the series goes from May 1968 to October 2026.
History. Check out a few summary statistics computed on the entire sample: the diffusion index reached its lowest level of -39.5 in December 2008; it peaked at 91.0 in March 1974; it had a mean value of 29.7.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-08-31 | 41.7000 |
| 2026-09-30 | 44.0000 |
| 2026-10-31 | 37.5000 |
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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 | No |
| 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
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