Manufacturing Business Outlook Survey: Prices received: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - 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 unadjusted diffusion index for prices received (share of CEOs seeing a recent increase minus share reporting a decrease) was 28.0 in September 2026, compared to 16.7 in August.
Sample. There are 701 records in the monthly series shown in the graph above. The series covers the span of time extending from May 1968 to September 2026.
History. Take a look at a few descriptive statistics we computed on the whole sample: the diffusion index recorded its highest level of 68.0 in June 1974; it reached a trough of -39.5 in December 2008; it had a mean value of 12.3.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 31.0000 |
| 2026-08-31 | 16.7000 |
| 2026-09-30 | 28.0000 |
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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 | No |
| 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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