Empire State Manufacturing Survey: Prices paid: 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. According to survey data about NY-based manufacturers collected by the Federal Reserve, the seasonally unadjusted diffusion index for prices paid (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 46.1 in September 2025, compared to 54.1 in August.
Sample. In this montly time series, there are 291 data points in total. The series covers the time span extending from July 2001 to September 2025.
History. Take a look at a few descriptive statistics we calculated on the entire sample: the diffusion index reached its lowest level of -18.2 in January 2009; it hit a maximum of 86.4 in April 2022; it had an average 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 | No |
| 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) |
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