The Philly Fed Business Conditions Index in the United States fell to 50.20 points in June 2026 from 53.20 points in the prior month, which was the highest since November 2024. Philly Fed Business Conditions in the United States averaged 33.83 points from 1968 until 2026, reaching an all time high of 91.00 points in September of 1975 and a record low of -39.70 points in December of 1973. source: Federal Reserve Bank of Philadelphia



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-21 12:30 PM
Philly Fed Business Conditions
May 53.2 40.8
2026-06-18 12:30 PM
Philly Fed Business Conditions
Jun 50.2 53.2
2026-07-16 12:30 PM
Philly Fed Business Conditions
Jul 50.2


Related Last Previous Unit Reference
Coincident Index 148.90 148.50 points Apr 2026
Philadelphia Fed Manufacturing Index 10.30 -0.40 points Jun 2026
Philly Fed Business Conditions 50.20 53.20 points Jun 2026
Philly Fed CAPEX Index 41.20 30.90 points Jun 2026
Philly Fed Employment 7.90 -2.80 points Jun 2026
Philly Fed New Orders 27.30 -1.70 points Jun 2026
Philly Fed Prices Paid 53.20 47.90 points Jun 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
50.20 53.20 91.00 -39.70 1968 - 2026 points Monthly
SA