Empire State Manufacturing Survey: Delivery times: Future (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - NY FED - Monthly
This series is part of the dataset: Empire State Manufacturing Survey (NY FED)
Download Full Dataset (.xlsx)Latest updates. According to survey data about NY-based manufacturers, the seasonally unadjusted diffusion index for delivery times (share of CEOs seeing a future increase minus share forecasting a decrease) stood at 7.9 in September 2026, compared to 7.2 in August 2026.
Sample. There are 303 observations overall in the monthly series shown in the graph above. The series covers the time period going from July 2001 to September 2026.
History. Take a look at a few summary statistics computed on the full sample: the diffusion index had a mean of -0.8; it recorded a maximum of 18.7 in March 2022; it registered a minimum of -20.5 in September 2001.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | -4.00000 |
| 2026-08-31 | 7.20000 |
| 2026-09-30 | 7.90000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will delivery times increase or decrease over the next six months? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Leading 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) |
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