Business Leaders Survey: Employment: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - NY FED - Monthly
This series is part of the dataset: Business Leaders Survey (NY FED)
Download Full Dataset (.xlsx)Latest updates. Based on service firms' responses to the Business Leaders Survey carried out by the New York FED, the seasonally unadjusted diffusion index for employment (share of CEOs seeing a recent increase minus share reporting a decrease) was 0.0 in October 2026, versus -4.9 in September.
Sample. This monthly series has 266 records in total. The series covers the time period going from September 2004 to October 2026.
History. Here's a glimpse of a few statistics we computed on the entire sample: the diffusion index had a mean of 5.7; it hit a maximum of 29.0 in July 2007; it reached a minimum of -53.5 in May 2020.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-08-31 | 2.40000 |
| 2026-09-30 | -4.90000 |
| 2026-10-31 | 0 |
Heads-up. Our metadata often contain links to the sources of the time-series data shown on FetchSeries. You can use these links to find additional information.
Not for investment purposes. Information released on this web site is not supposed to be used for investment purposes or as a basis for financial-decision making. Users should ask for expert advice and perform independent analysis before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Over the past three months did employment at this company increase or decrease? |
| 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 New York |
| Source type | Central bank |
| Data licence | Free use subject to conditions |
| 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 |
|---|---|---|---|
| Business Leaders Survey: Wages: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - NY FED - Monthly | 266 | 2004-09-30 | 2026-10-31 |
Future conditions SA
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Business Leaders Survey: Wages: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - NY FED - Monthly | 266 | 2004-09-30 | 2026-10-31 |