Empire State Manufacturing Survey: Prices paid: 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 recent survey data about manufacturing firms in the State of New York, the seasonally unadjusted diffusion index for prices paid (share of CEOs seeing a future increase minus share forecasting a decrease) stood at 67.3 in September 2026, versus 57.7 in the previous month.
Sample. There are 303 records overall in the monthly series shown in the figure above. The time period covered by the series is from July 2001 to September 2026.
History. Here's a peek at some statistics calculated on the whole sample: the diffusion index reached its maximum of 76.7 in January 2022; it reached its lowest level of -26.9 in September 2001; it had an average value of 42.2.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 53.0000 |
| 2026-08-31 | 57.7000 |
| 2026-09-30 | 67.3000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Will prices paid 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) |
Series in the same data set
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