Key data points
Last release
—
Observation period
Aug 2025
Next release
—
Forecast
—
Highest
91.00 POINT on Sep 30, 1975
Lowest
−39.70 POINT on Dec 31, 1973
About 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.