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 a sample of manufacturing firms surveyd by the 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.
Sample. The montly series displayed in the plot has a total of 291 observations. The series covers the span of time going from July 2001 to September 2025.
History. Take a look at some statistics we calculated on the entire sample: the diffusion index registered a minimum of -18.2 in January 2009; it recorded a maximum of 86.4 in April 2022; it had a mean value of 30.8.
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.