Manufacturing Business Outlook Survey: Prices paid: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - Philly FED - Monthly
This series is part of the dataset: Manufacturing Business Outlook Survey (Philly FED)
Download Full Dataset (.xlsx)Latest updates. According to survey data about manufacturers collected by the Federal Reserve in Pennsylvania, New Jersey and Delaware, the seasonally adjusted diffusion index for prices paid (share of CEOs seeing a recent increase minus share reporting a decrease) was 48.6 in September 2026, versus 40.9 in August.
Sample. The monthly series plotted above has 701 observations in total. The period covered by the series extends from May 1968 to September 2026.
History. Check out some statistics calculated on the whole sample: the diffusion index registered a minimum of -35.5 in April 2009; it hit a peak of 91.1 in March 1974; it had a mean value of 29.5.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 53.9000 |
| 2026-08-31 | 40.9000 |
| 2026-09-30 | 48.6000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did prices paid 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 Philadelphia |
| 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
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