Empire State Manufacturing Survey: Inventories: Current (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. Based on a sample of manufacturing firms surveyd by the FED, the seasonally unadjusted diffusion index for inventories (share of CEOs seeing a recent increase minus share reporting a decrease) was 8.9 in September 2026, versus -5.2 in the previous month.
Sample. This monthly time series has 303 observations overall. The period covered by the series extends from July 2001 to September 2026.
History. Here's a glimpse of a few simple statistics computed on the whole sample: the diffusion index averaged -2.7; it achieved a maximum of 40.0 in September 2001; it hit a minimum of -36.5 in July 2009.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 4.00000 |
| 2026-08-31 | -5.20000 |
| 2026-09-30 | 8.90000 |
Heads-up. One of the pluses of using our web site is that we publish well-crafted metadata. Find them below to delve deeper into the properties of the indicators that you analyze.
Not for investment purposes. Data series and other information collected and published on FetchSeries are not meant for investment purposes or as a basis for financial-decision making. Users should obtain expert advice and do independent analysis before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did inventories increase or decrease in the past month? |
| 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.