The Philadelphia Fed Manufacturing Index in the United States rose to 17 in January of 2019 from a downwardly revised 9.1 in December, well above market expectations of 10. Faster increases were seen in new orders (21.3 from 13.3) and average workweek (6 from 4) and price pressures slowed for both prices paid (32.7 from 38.9) and received (24.8 from 29). On the other hand, a slowdown was seen for shipments (11.4 from 12.4) and employment (9.6 from 19.1) and inventories contracted (-7.6 from 2.6). Additionally, the 6-month outlook edged up to 31.2 from 29.9. Philadelphia Fed Manufacturing Index in the United States averaged 9.10 Index Points from 1968 until 2019, reaching an all time high of 58.50 Index Points in March of 1973 and a record low of -57.90 Index Points in December of 1974.

Philadelphia Fed Manufacturing Index in the United States is expected to be 25.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Philadelphia Fed Manufacturing Index in the United States to stand at 18.00 in 12 months time. In the long-term, the United States Philadelphia Fed Manufacturing Index is projected to trend around 16.00 Index Points in 2020, according to our econometric models.

United States Philadelphia Fed Manufacturing Index
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-18 12:30 PM Philadelphia Fed Manufacturing Index 22.2 22.9 20 21
2018-11-15 01:30 PM Philadelphia Fed Manufacturing Index 12.9 22.2 20 22
2018-12-20 01:30 PM Philadelphia Fed Manufacturing Index 9.4 12.9 15 18
2019-01-17 01:30 PM Philadelphia Fed Manufacturing Index 17.0 9.1 10 10
2019-02-21 01:30 PM Philadelphia Fed Manufacturing Index 17 14 12
2019-03-21 12:30 PM Philadelphia Fed Manufacturing Index 25
2019-04-18 12:30 PM Philadelphia Fed Manufacturing Index


United States Business Last Previous Highest Lowest Unit
Business Confidence 56.60 54.30 77.50 29.40 Index Points [+]
Manufacturing PMI 54.90 53.80 57.90 50.70 [+]
Services PMI 54.20 54.40 61.00 49.30 Index Points [+]
Non Manufacturing PMI 56.70 58.00 62.00 37.80 [+]
Composite Pmi 54.40 54.40 61.00 50.00 Index Points [+]
Industrial Production 3.80 4.10 62.00 -33.70 percent [+]
Industrial Production Mom -0.60 0.10 16.60 -10.40 percent [+]
Manufacturing Production 2.90 3.20 67.90 -39.40 percent [+]
Capacity Utilization 78.22 78.83 89.39 66.71 percent [+]
Durable Goods Orders 0.80 -4.30 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense -0.10 -1.40 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation -0.30 0.40 7.50 -6.80 percent [+]
Factory Orders Ex Transportation -1.30 0.20 4.60 -7.20 percent [+]
New Orders 499194.00 502677.00 565232.00 223500.00 USD Million [+]
Factory Orders -0.60 -2.10 10.60 -10.00 percent [+]
Business Inventories -0.10 0.60 1.30 -2.00 percent [+]
Changes in Inventories 89.77 -36.81 166.37 -245.13 USD Billion [+]
Wholesale Inventories 0.30 0.90 2.10 -2.00 percent [+]
Bankruptcies 22232.00 22103.00 82446.00 19695.00 Companies [+]
Corporate Profits 2076.82 2007.53 2076.82 14.70 USD Billion [+]
NFIB Business Optimism Index 101.20 104.40 108.80 80.10 Index Points [+]
Ism New York Index 63.40 65.40 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 17.00 9.10 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 8.80 3.90 39.00 -34.40 Index Points [+]
Richmond Fed Manufacturing Index -2.00 -8.00 29.00 -44.00 Index Points [+]
Chicago Fed National Activity Index 0.27 0.21 2.77 -5.22 [+]
Dallas Fed Manufacturing Index 1.00 -5.10 47.10 -60.10 Index Points [+]
Chicago Pmi 56.70 63.80 78.60 21.20 Index Points [+]
Car Production 2.61 3.00 9.92 1.29 Million Units [+]
Car Registrations 445.50 401.53 1149.00 331.50 Thousand [+]
Total Vehicle Sales 16.70 17.55 21.77 9.05 Million [+]
Crude Oil Stocks Change 3.63 1.26 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change -78.00 -237.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 408.00 513.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 125.13 124.80 125.13 46.91 Index Points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
API Crude Oil Stock Change -1.00 2.51 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 857.00 854.00 1609.00 98.00 [+]
Corruption Index 71.00 75.00 78.00 71.00 Points [+]
Corruption Rank 22.00 16.00 24.00 14.00 [+]
Competitiveness Index 85.64 84.84 85.64 5.42 Points [+]
Competitiveness Rank 1.00 1.00 7.00 1.00 [+]
Ease of Doing Business 8.00 6.00 8.00 4.00 [+]
Steel Production 7568.00 7425.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 15.30 14.00 108.20 -28.80 percent [+]


United States Philadelphia Fed Manufacturing Index

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. This page provides the latest reported value for - United States Philadelphia Fed Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Philadelphia Fed Manufacturing Index - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
17.00 9.10 58.50 -57.90 1968 - 2019 Index Points Monthly
SA




Country Last Previous
United States 17.00 Jan/19


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