Nonmanufacturing 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: Nonmanufacturing Business Outlook Survey (Philly FED)
Download Full Dataset (.xlsx)Latest updates. Based on firms' responses to the Nonmanufacturing Business Outlook Survey carried out by the Philadelphia FED, the seasonally adjusted diffusion index for prices paid (share of CEOs seeing a recent increase minus share reporting a decrease) was 37.8 in September 2026, versus 29.2 in August.
Sample. The monthly series plotted above has 187 records overall. The series covers the period extending from March 2011 to September 2026.
History. Take a look at a few descriptive statistics calculated on the full sample: the diffusion index averaged 28.5; it reached a trough of -8.3 in May 2020; it achieved a maximum of 76.8 in October 2022.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 28.2000 |
| 2026-08-31 | 29.2000 |
| 2026-09-30 | 37.8000 |
Heads-up. We categorize indicators into data sets and worksheets for easier exploration. When you navigate further down, you will discover how we arranged further information related to the statistics published here.
Not for investment purposes. Information disseminated on FetchSeries is not meant for investment purposes or any other financial decision. Users should consult expert advice and do independent analysis before making any financial commitments.
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
Discover the other time series included in this data set.