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. Based on a sample of manufacturing firms surveyd by the FED, the seasonally adjusted diffusion index for prices received (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 20.3 in June 2026, compared to 26.3 in May 2026.
Sample. In this monthly time series, there are 698 records. The series covers the span of time stretching from May 1968 to June 2026.
History. Here's a peek at some descriptive statistics calculated on the full sample: the diffusion index was equal on average to 12.2; it hit a maximum of 64.8 in November 2021; it recorded a minimum of -40.9 in April 2009.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-04-30 | 33.5 |
| 2026-05-31 | 26.3 |
| 2026-06-30 | 20.3 |
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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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