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 survey data about manufacturers based in Pennsylvania, New Jersey and Delaware, the seasonally adjusted diffusion index for prices received (share of CEOs seeing a recent increase minus share reporting a decrease) was 26.8 in October 2025, compared to 18.8 in September 2025.
Sample. The monthly time series presented in the plot has 690 data points overall. The series covers the time span stretching from May 1968 to October 2025.
History. Have a look at some summary statistics calculated on the full sample: the diffusion index had an average value of 12.0; it registered a minimum of -40.9 in April 2009; it recorded its highest level of 63.8 in February 1974.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-08-31 | 36.1 |
| 2025-09-30 | 18.8 |
| 2025-10-31 | 26.8 |
Tip. A benefit of using our web site is that we publish accurate metadata. Find it below to delve deeper into the characteristics of the time series that you are exploring.
Not for investment purposes. Information available on this web site is not not supposed to be used for investment purposes or any other financial decision. Users should obtain expert advice and perform their own independent due diligence before pledging money to any investment.
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) |