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Average Fed Srv Survey: Revenue: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly

Latest updates. Based on an average of regional Federal Reserve services surveys, the seasonally adjusted diffusion index for revenue was 3.0 (share of CEOs seeing a recent increase minus share reporting a decrease) in September 2026, compared to 1.6 in the previous month.

Sample. There are 153 observations overall in the monthly time series presented in the plot above. The series covers the span of time extending from January 2014 to September 2026.

History. Check out a few descriptive statistics we calculated on the whole sample: the diffusion index registered a minimum of -81.1 in April 2020; it recorded its highest level of 29.5 in July 2021; it was equal on average to 10.7.

Latest values

Date Value - Percentage points
2026-07-31 12.2500
2026-08-31 1.62500
2026-09-30 2.97500

Tip. One of the pluses of using FetchSeries is that we provide rich metadata. Check them below to delve deeper into the properties of the series that you use in your work.

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Series Metadata

Field Value
Description Diffusion index for the question: Did revenue 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 4 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.

Current conditions SA

Series Name Observations Start Date End Date
Average Fed Srv Survey: Capital expenditures: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Number of employees: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Equipment and software expenditures: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: General business activity: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Hours worked / average workweek: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Inventory levels: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Part-time employment: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Prices paid: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Prices received: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Revenue: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Wages: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30

Future conditions SA

Series Name Observations Start Date End Date
Average Fed Srv Survey: Capital expenditures: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Number of employees: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: General business activity: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Hours worked / average workweek: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Part-time employment: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Prices paid: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Prices received: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Revenue: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Wages: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30

Current conditions NSA

Series Name Observations Start Date End Date
Average Fed Srv Survey: Capital expenditures: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Number of employees: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Equipment and software expenditures: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: General business activity: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Hours worked / average workweek: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Inventory levels: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Part-time employment: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Prices paid: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Prices received: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Revenue: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Wages: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30

Future conditions NSA

Series Name Observations Start Date End Date
Average Fed Srv Survey: Capital expenditures: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Number of employees: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: General business activity: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Hours worked / average workweek: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Part-time employment: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Prices paid: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Prices received: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Revenue: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30
Average Fed Srv Survey: Wages: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - FSR - Monthly 153 2014-01-31 2026-09-30