Key data points
Last release
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Next release
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Time to release
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Forecast
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Observation period
May 2024
Highest
41.40POINTApr 30, 2022
Lowest
−51.50POINTMar 15, 2009
About United States Philly Fed Employment
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.