Future Unfilled Orders; Diffusion Index for New York
UOFDISA066MSFRBNY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.90
Year-over-Year Change
-181.82%
Date Range
7/1/2001 - 8/1/2025
Summary
The Future Unfilled Orders; Diffusion Index for New York measures manufacturers' expectations for new orders in the New York region. It provides insight into future economic activity and production.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index tracks the percentage of manufacturing firms in New York that expect their unfilled orders to increase minus the percentage that expect them to decrease. It is a leading indicator of future production and a key metric for monitoring regional economic trends.
Methodology
The data is collected through a monthly survey of manufacturing companies in the New York region.
Historical Context
The index is used by economists and policymakers to assess the near-term outlook for the regional economy.
Key Facts
- The index ranges from 0 to 100, with 50 as the neutral level.
- Values above 50 indicate expansion, while values below 50 signal contraction.
- The index is released monthly by the Federal Reserve Bank of New York.
FAQs
Q: What does this economic trend measure?
A: The Future Unfilled Orders; Diffusion Index for New York measures manufacturers' expectations for new orders in the New York region. It is a leading indicator of future production and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into the near-term outlook for the regional economy and is closely watched by economists and policymakers to assess future economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of manufacturing companies in the New York region.
Q: How is this trend used in economic policy?
A: The index is used by the Federal Reserve and other policymakers to monitor regional economic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly, with a short delay, and may be subject to revisions based on updated survey responses.
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Citation
U.S. Federal Reserve, Future Unfilled Orders; Diffusion Index for New York (UOFDISA066MSFRBNY), retrieved from FRED.