Fifth District Survey of Manufacturing Activity: New orders: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - United States - Richmond FED - Monthly
This series is part of the dataset: Fifth District Survey of Manufacturing Activity (Richmond FED)
Download Full Dataset (.xlsx)Latest updates. Based on a sample of manufacturing firms surveyd by the FED, the seasonally unadjusted diffusion index for new orders (share of CEOs seeing a recent increase minus share reporting a decrease) stood at -3.0 in September 2026, compared to -1.0 in August.
Sample. This monthly series has 395 observations overall. The span of time covered by the series stretches from November 1993 to September 2026.
History. Here's a snapshot of a few summary statistics we calculated on the entire sample: the diffusion index reached a trough of -56.0 in December 2008; it peaked at 45.0 in April 2010; it averaged 1.6.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 1.00000 |
| 2026-08-31 | -1.00000 |
| 2026-09-30 | -3.00000 |
Tip. An advantage of using our web site is that we give you well-crafted metadata. Find them below to delve deeper into the properties of the time series that you use in your work.
Not for investment purposes. Content available on FetchSeries is not meant for investment purposes or as a basis for making financial decisions. Users should seek professional advice and perform their own independent due diligence before taking any financial risk.
Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did new 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 | No |
| Rescaling | None |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | Federal Reserve Bank of Richmond |
| Source type | Central bank |
| Data licence | Not copyrightable under U.S. law |
| 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.