The Philadelphia Fed Manufacturing Business Conditions index in the United States increased to 56.60 points in November 2024, its highest level since June 2021, from 36.70 points in October. The reading showed that firms continue to expect growth over the next six months. source: Federal Reserve Bank of Philadelphia
Philly Fed Business Conditions in the United States averaged 33.84 points from 1968 until 2024, 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. 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 2024.
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 |
|
|
56.60 |
36.70 |
91.00 |
-39.70 |
1968 - 2024 |
points |
Monthly |
SA
|