Nonmanufacturing Business Outlook Survey: Prices paid: Current (increase vs decrease; diffusion index; percentage points; seasonally unadjusted) - 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 a sample of nonmanufacturing firms surveyd by the FED, the seasonally unadjusted diffusion index for prices paid (share of CEOs seeing a recent increase minus share reporting a decrease) was 37.8 in September 2026, compared to 35.3 in the previous month.
Sample. There are 187 observations overall in the monthly series presented in the graph above. The series covers the time span going from March 2011 to September 2026.
History. Here’s a quick look at some descriptive statistics computed on the full sample: the diffusion index reached a minimum of -5.3 in May 2020; it attained a maximum of 80.6 in June 2022; it had a mean value of 28.6.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 28.2000 |
| 2026-08-31 | 35.3000 |
| 2026-09-30 | 37.8000 |
Nugget of wisdom. A benefit of our web site is that we provide complete metadata. Check them below to better understand the attributes of the series that you are exploring.
Not for investment purposes. Any financial data found on FetchSeries are not suitable for investment purposes or as a basis for financial-decision making. Users should seek expert advice and perform their own independent due diligence before taking any financial risk.
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 | 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
Discover the other time series included in this data set.