Empire State Manufacturing Survey: Prices received: 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 received (share of CEOs seeing a recent increase minus share reporting a decrease) was 21.6 in September 2025, compared to 22.9 in August 2025.
Sample. There are 291 data points in the montly time series displayed in the plot above. The period covered by the series goes from July 2001 to September 2025.
History. Here are some statistics we computed on the entire sample: the diffusion index was equal on average to 9.5; it hit a trough of -27.3 in May 2009; it hit a peak of 56.1 in March 2022.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-07-31 | 25.7 |
| 2025-08-31 | 22.9 |
| 2025-09-30 | 21.6 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did prices received 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) |
Series in the same data set
Discover the other time series included in this data set.