Manufacturing Business Outlook Survey: Prices paid: Future (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 future increase minus share forecasting a decrease) was 62.5 in June 2026, versus 69.2 in the previous month.
Sample. There are 698 data points overall in the monthly time series shown in the plot above. The time span covered by the series stretches from May 1968 to June 2026.
History. Here's a peek at some statistics computed on the whole sample: the diffusion index registered a minimum of -19.7 in December 2008; it recorded a maximum of 96.0 in May 1977; it averaged 51.0.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-04-30 | 51.9 |
| 2026-05-31 | 69.2 |
| 2026-06-30 | 62.5 |
Tip. To simplify complex analyses, we organize indicators into worksheets and datasets. Scrolling downwards, you will discover how we arranged further material linked to the statistics published here.
Not for investment purposes. Financial data made available on FetchSeries are not not supposed to be used for investment purposes or as a basis for making financial decisions. Users should seek professional advice and do their own independent due diligence before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will prices paid increase or decrease over the next six months? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Leading 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
Discover the other time series included in this data set.