Average Fed Mfg Survey: Prices paid: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly
This series is part of the dataset: Average Fed Mfg Survey (FetchSeries Research)
Download Full Dataset (.xlsx)Latest updates. Based on an average of regional Federal Reserve manufacturing surveys, the seasonally unadjusted diffusion index for prices paid was 55.0 (share of CEOs seeing a recent increase minus share reporting a decrease) in September 2026, compared to 48.8 in the previous month.
Sample. In this monthly time series, there are a total of 268 observations. The series covers the time range going from June 2004 to September 2026.
History. Here's a snapshot of a few statistics we calculated on the entire sample: the diffusion index hit a peak of 85.0 in May 2021; it reached its lowest level of -31.5 in December 2008; it had a mean value of 30.5.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 49.8500 |
| 2026-08-31 | 48.7750 |
| 2026-09-30 | 55.0500 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did prices paid increase or decrease in the past month? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Coincident indicator of the business cycle |
| Seasonally adjusted | No |
| Deflation method | Not applicable |
| Rescaling | None |
| Measure type | Diffusion index (share of respondents reporting an increase minus share reporting a decrease) |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | FetchSeries Research calculations on Federal Reserve data |
| Source type | Data research lab |
| Data licence | Creative Commons Attribution 4.0 International (CC BY 4.0) + FetchSeries disclaimers |
| Other information | Arithmetic average across 4 regional Federal Reserve manufacturing surveys |
| FSR temporal aggregation code | LM01 |
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