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U.S. Philadelphia Fed Business Conditions

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U.S. Philadelphia Fed Business Conditions

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Status

 
Latest Release
Oct 17, 2024
Actual
36.7
Previous
15.8
The Philadelphia Fed Index, also known as the Business Outlook Survey, is a survey produced by the Federal Reserve Bank of Philadelphia which questions manufacturers on general business conditions. The index covers the Philadelphia, New Jersey, and Delaware region. Higher survey figures suggest higher production, which contribute to economic growth. Results are calculated as the difference between percentage scores with zero acting as the centerline point. As such, values greater than zero indicate growth, while values less than zero indicate contraction. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.
Importance:
Country:
Currency: USD
Source: Federal Reserve Bank of Philad...
U.S. Philadelphia Fed Business Conditions
 
Release Date Time Actual Forecast Previous
Nov 21, 2024 (Nov) 08:30     36.7
Oct 17, 2024 (Oct) 07:30 36.7   15.8
Sep 19, 2024 (Sep) 07:30 15.8   15.4
Aug 15, 2024 (Aug) 07:30 15.4   38.7
Jul 18, 2024 (Jul) 07:30 38.7   13.8
Jun 20, 2024 (Jun) 07:30 13.8   32.4

News

Analysis

Jeffrey Halley
The End Of A Messy Week By Jeffrey Halley - Jul 22, 2022 3

Volatility was the winner yesterday, with a multitude of data points and events leaving market price action messier than a teenager's bedroom. The European Central Bank surprised markets by lifting...

Philly Fed Business Conditions Discussion

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