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 survey data about manufacturers based in Pennsylvania, New Jersey and Delaware, the seasonally adjusted diffusion index for prices received (share of CEOs seeing a recent increase minus share reporting a decrease) stood at 18.8 in September 2025, versus 36.1 in August 2025.
Sample. There are 689 data points in the monthly time series shown in the plot above. The span of time covered by the series extends from May 1968 to September 2025.
History. Here's a peek at a few descriptive statistics we calculated on the entire sample: the diffusion index had a mean of 12.0; it recorded a maximum of 63.8 in February 1974; it reached its minimum of -40.9 in April 2009.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-07-31 | 34.8 |
| 2025-08-31 | 36.1 |
| 2025-09-30 | 18.8 |
Suggestion. We organize indicators into worksheets and datasets to simplify research. Scrolling downwards, you will find how we structured further material related to the statistics provided here.
Not for investment purposes. Financial data published on FetchSeries are not suitable for investment purposes or as a basis for making financial decisions. Users should ask for professional advice and do independent analysis before taking any financial risk.
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) |
Series in the same data set
Discover the other time series included in this data set.