Manufacturing Business Outlook Survey: Prices received: 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 received (share of CEOs seeing a recent increase minus share reporting a decrease) was 27.4 in July 2026, compared to 20.3 in June 2026.
Sample. In this monthly series, there are 699 observations overall. The series covers the span of time extending from May 1968 to July 2026.
History. Here's a peek at a few descriptive statistics we calculated on the full sample: the diffusion index had a mean value of 12.2; it reached a trough of -40.9 in April 2009; it reached its highest level of 64.8 in November 2021.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-05-31 | 26.3 |
| 2026-06-30 | 20.3 |
| 2026-07-31 | 27.4 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did prices received 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) |
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