The Philly Fed diffusion index for future general activity rose to 4.9 in January 2023 from a revised reading of -0.9 in December. Almost 38 percent of the firms expect increases in future activity, 33 percent expect decreases, and 26 percent expect no change. source: Federal Reserve Bank of Philadelphia

Philly Fed Business Conditions in the United States averaged 34.43 points from 1968 until 2023, reaching an all time high of 91.00 points in September of 1975 and a record low of -39.70 points in December of 1973. This page includes a chart with historical data for the United States Philly Fed Business Conditions. United States Philly Fed Business Conditions - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.

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United States Philly Fed Business Conditions

Calendar GMT Actual Previous Consensus TEForecast
2022-12-15 01:30 PM Dec 3.8 -7.1 -3
2023-01-19 01:30 PM Jan 4.9 -0.9 3.5
2023-02-16 01:30 PM Feb 4.9

United States Philly Fed Business Conditions
Philadelphia Fed Manufacturing Index is based on The Business Outlook Survey of manufacturers in the Third Federal Reserve District. Participants report the direction of change in overall business activity and in the various measures of activity at their plants: employment, working hours, new and unfilled orders, shipments, inventories, delivery times, prices paid, and prices received. The index above 0 indicates factory-sector growth, below 0 contraction.
Actual Previous Highest Lowest Dates Unit Frequency
4.90 -0.90 91.00 -39.70 1968 - 2023 points Monthly