The Philly Fed indicators for new orders index fell 15 points to -28.2 in March 2023, the lowest reading since May 2020. Over 35 percent of the firms reported declines in new orders (unchanged from last month), while 7 percent reported increases (down from 22 percent); 58 percent reported no change (up from 41 percent). source: Federal Reserve Bank of Philadelphia

Philly Fed New Orders in the United States averaged 9.76 points from 1968 until 2023, reaching an all time high of 56.20 points in March of 1973 and a record low of -70.90 points in April of 2020. This page includes a chart with historical data for the United States Philly Fed New Orders. United States Philly Fed New Orders - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

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United States Philly Fed New Orders



Calendar GMT Actual Previous Consensus TEForecast
2023-02-16 01:30 PM Feb -13.6 -10.9 -9
2023-03-16 12:30 PM Mar -28.2 -13.6 -11
2023-04-20 12:30 PM Apr -28.2

United States Philly Fed New Orders
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
-28.20 -13.60 56.20 -70.90 1968 - 2023 points Monthly
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