Kansas City Fed Manufacturing Survey: Prices paid: Future (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Kansas City Fed - Monthly
This series is part of the dataset: Kansas City Fed Manufacturing Survey
Download Full Dataset (.xlsx)Latest updates. According to recent survey data about manufacturing firms in the Tenth Federal Reserve District, the seasonally adjusted diffusion index for prices paid was 55.0 (share of CEOs seeing a future increase minus share forecasting a decrease) in December 2025, versus 57.0 in the previous month.
Sample. There are 294 observations overall in the monthly series presented in the plot above. The time period covered by the series is from July 2001 to December 2025.
History. Here’s a quick look at some statistics computed on the entire sample: the diffusion index reached a trough of -13.0 in April 2009; it recorded a maximum of 80.0 in June 2008; it had a mean value of 43.8.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-10-31 | 62.0 |
| 2025-11-30 | 57.0 |
| 2025-12-31 | 55.0 |
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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 |
| Seasonally adjusted | Yes |
| Deflation method | Not applicable |
| Rescaling | None |
| Measure type | Diffusion index (share of respondents reporting an increase minus share reporting a decrease) |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | Federal Reserve Bank of Kansas City |
| Source type | Central bank |
| Data licence | Reproduction allowed subject to conditions |
| Other information | FS correspondence: Prices paid |
| FSR temporal aggregation code | LM01 |
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