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Manufacturing Business Outlook Survey: Prices received: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly

Latest updates. According to survey data about manufacturers collected by the Federal Reserve in Pennsylvania, New Jersey and Delaware, the seasonally unadjusted diffusion index for prices received (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 28.0 in September 2026, compared to 16.7 in the previous month.

Sample. In the monthly series shown in the plot, there are 701 data points overall. The span of time covered by the series extends from May 1968 to September 2026.

History. Here's a glimpse of a few descriptive statistics calculated on the whole sample: the diffusion index had a mean value of 12.3; it reached a minimum of -39.5 in December 2008; it recorded its maximum of 68.0 in June 1974.

Latest values

Date Value - Percentage points
2026-07-31 31.0
2026-08-31 16.7
2026-09-30 28.0

Heads-up. To facilitate exploration, we organize indicators into data sets and worksheets. Scrolling downwards, you will find how we arranged further material related to the statistics published here.

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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 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.

Current conditions SA

Series Name Observations Start Date End Date
Manufacturing Business Outlook Survey: General business activity: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: New orders: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Shipments: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Unfilled orders: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Delivery times: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Inventories: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Prices paid: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Prices received: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Number of employees: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Average employee workweek: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30

Future conditions SA

Series Name Observations Start Date End Date
Manufacturing Business Outlook Survey: General business activity: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: New orders: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Shipments: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Unfilled orders: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Delivery times: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Inventories: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Prices paid: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Prices received: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Number of employees: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Average employee workweek: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Capital expenditures: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30

Current conditions NSA

Series Name Observations Start Date End Date
Manufacturing Business Outlook Survey: General business activity: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: New orders: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Shipments: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Unfilled orders: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Delivery times: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Inventories: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Prices paid: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Prices received: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Number of employees: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Average employee workweek: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30

Future conditions NSA

Series Name Observations Start Date End Date
Manufacturing Business Outlook Survey: General business activity: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: New orders: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Shipments: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Unfilled orders: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Delivery times: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Inventories: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Prices paid: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Prices received: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Number of employees: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Average employee workweek: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30
Manufacturing Business Outlook Survey: Capital expenditures: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Philly FED - Monthly 701 1968-05-31 2026-09-30