Empire State Manufacturing Survey: Prices paid: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - 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 manufacturing firms' responses to the Empire State Survey carried out by the New York FED, the seasonally adjusted diffusion index for prices paid (share of CEOs seeing a recent increase minus share reporting a decrease) was 46.1 in September 2025, compared to 54.1 in August 2025.
Sample. There are 291 records in the montly time series presented in the plot above. The series covers the span of time going from July 2001 to September 2025.
History. Have a look at some descriptive statistics we calculated on the entire sample: the diffusion index averaged 30.8; it recorded a minimum of -18.2 in January 2009; it recorded a maximum of 86.4 in April 2022.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-07-31 | 56.0 |
| 2025-08-31 | 54.1 |
| 2025-09-30 | 46.1 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did prices paid 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 | Yes |
| Rescaling | None |
| Frequency | Montly |
| 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.