Manufacturing Business Outlook Survey: Prices received: 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 recent survey data about manufacturing firms in the Third Federal Reserve District, the seasonally adjusted diffusion index for prices received (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 31.3 in September 2026, compared to 17.7 in August.
Sample. The monthly series plotted above has 701 data points overall. The series covers the time period stretching from May 1968 to September 2026.
History. Have a look at some simple statistics we calculated on the entire sample: the diffusion index had a mean of 12.2; it hit a minimum of -40.9 in April 2009; it recorded its highest level of 64.8 in November 2021.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 27.4000 |
| 2026-08-31 | 17.7000 |
| 2026-09-30 | 31.3000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did prices received 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) |
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