Fifth District Survey of Non-Manufacturing Activity: Prices received: Future (average percent change; per cent; seasonally unadjusted) - United States - Richmond FED - Monthly
This series is part of the dataset: Fifth District Survey of Non-Manufacturing Activity (Richmond FED)
Download Full Dataset (.xlsx)Latest updates. According to survey data about nonmanufacturing firms collected by the Federal Reserve Bank of Richmond, the seasonally unadjusted average percent change in prices received expected over the next 12 months was 3.54 per cent in September 2026, compared to 3.50 in August.
Sample. There are 395 observations in the monthly time series presented in the graph above. The time range covered by the series is from November 1993 to September 2026.
History. Here's a snapshot of some statistics we calculated on the whole sample: the average percent change reached a maximum of 5.79 per cent in March 2022; it reached a trough of 0.18 per cent in November 2009; it had a mean value of 2.25 per cent.
Latest values
| Date | Value - Per cent |
|---|---|
| 2026-07-31 | 3.30000 |
| 2026-08-31 | 3.50000 |
| 2026-09-30 | 3.54000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Average percent change for the question: What is the expected average percent change in prices received over the next 12 months? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Price |
| Deflation method | Not applicable |
| Seasonally adjusted | No |
| Rescaling | None |
| Frequency | Monthly |
| Unit | Per cent |
| Source | Federal Reserve Bank of Richmond |
| Source type | Central bank |
| Data licence | Not copyrightable under U.S. law |
| Measure type | Average percent change reported by survey respondents |
| Other information | Not available |
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