Empire State Manufacturing Survey: Unfilled orders: 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. According to recent survey data about manufacturing firms in the State of New York, the seasonally adjusted diffusion index for unfilled orders (share of CEOs seeing a recent increase minus share reporting a decrease) was 5.9 in September 2026, compared to 15.5 in the previous month.
Sample. There are 303 data points in the monthly time series shown in the chart above. The time span covered by the series goes from July 2001 to September 2026.
History. Take a look at some statistics calculated on the whole sample: the diffusion index had a mean of -4.4; it hit a maximum of 36.5 in September 2001; it reached a trough of -27.7 in December 2008.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 5.00000 |
| 2026-08-31 | 15.5000 |
| 2026-09-30 | 5.90000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did unfilled orders 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 | 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) |
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