Average Fed Srv Survey: Equipment and software expenditures: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - 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 unadjusted diffusion index for equipment and software expenditures was 16.7 (share of CEOs seeing a recent increase minus share reporting a decrease) in September 2026, versus 7.9 in the previous month.
Sample. This monthly series has 153 data points in total. The series covers the time range going from January 2014 to September 2026.
History. Take a look at a few statistics we computed on the whole sample: the diffusion index reached its lowest level of -27.1 in April 2020; it reached its maximum of 34.5 in June 2018; it had a mean value of 16.4.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 16.6000 |
| 2026-08-31 | 7.90000 |
| 2026-09-30 | 16.7000 |
Hint. A plus of our web site is that we give you rich metadata. Find them below to gain insights on the attributes of the time series that you use in your work.
Not for investment purposes. Data collected and published on FetchSeries are not suitable for investment purposes or as a basis for making financial decisions. Users should ask for expert advice and do their own independent due diligence before pledging money to any investment.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did equipment and software 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 | 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 2 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.