Average Fed Srv Survey: Capital expenditures: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly
This series is part of the dataset: Average Fed Srv Survey (FetchSeries Research)
Download Full Dataset (.xlsx)Latest updates. Based on an average of regional Federal Reserve services surveys, the seasonally adjusted diffusion index for capital expenditures was 6.2 (share of CEOs seeing a recent increase minus share reporting a decrease) in September 2026, versus 8.3 in August 2026.
Sample. The monthly series plotted above has a total of 153 observations. The span of time covered by the series goes from January 2014 to September 2026.
History. Here's a snapshot of a few descriptive statistics computed on the entire sample: the diffusion index had a mean value of 9.9; it recorded a minimum of -37.8 in April 2020; it reached its highest level of 21.9 in November 2017.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 11.8333 |
| 2026-08-31 | 8.33333 |
| 2026-09-30 | 6.16667 |
Hint. We categorize time series into data sets and worksheets to make your life easier. When you navigate further down, you will discover how we arranged further material related to the statistics found here.
Not for investment purposes. Time series and other data accessible on this web site are not meant for investment purposes or as a basis for financial-decision making. Users should consult professional 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 capital expenditures 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 | Yes |
| 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 3 regional Federal Reserve services surveys |
| FSR temporal aggregation code | LM01 |
Series in the same data set
Discover the other time series included in this data set.