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 firms' responses to the Manufacturing Business Outlook Survey carried out by the Philadelphia FED, the seasonally unadjusted diffusion index for prices paid (share of CEOs seeing a recent increase minus share reporting a decrease) was 58.3 in June 2026, versus 57.7 in May 2026.
Sample. There are 698 records in the monthly series shown in the chart above. The series covers the time span extending from May 1968 to June 2026.
History. Here are a few simple statistics calculated on the whole sample: the diffusion index peaked at 91.0 in March 1974; it reached a trough of -39.5 in December 2008; it averaged 29.6.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-04-30 | 70.4 |
| 2026-05-31 | 57.7 |
| 2026-06-30 | 58.3 |
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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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