The Philadelphia Fed diffusion index for future general activity increased 4.3 points to 28.5 in November of 2021 according to the firms responding to the November Manufacturing Business Outlook Survey. Over 45 percent of the firms expect growth over the next six months, while 17 percent expect a decrease in activity. source: Federal Reserve Bank of Philadelphia

Philly Fed Business Conditions in the United States averaged 35.10 points from 1968 until 2021, reaching an all time high of 91 points in September of 1975 and a record low of -39.70 points in December of 1973. This page includes a chart with historical data for the United States Philly Fed Business Conditions. United States Philly Fed Business Conditions - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

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United States Philly Fed Business Conditions

Calendar GMT Actual Previous Consensus TEForecast
2021-10-21 12:30 PM Oct 24.2 20
2021-11-18 01:30 PM Nov 28.5 24.2
2021-12-16 01:30 PM Dec 28.5

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.