U.S. Philadelphia Fed Manufacturing Index

USD
Actual
4.5
Forecast
7.7
Previous
15.5
Latest Release
May 16, 2024
Importance
Overview
The Philadelphia Federal Reserve Manufacturing Index rates the relative level of general business conditions in Philadelphia. A level above zero on the index indicates improving conditions; below indicates worsening conditions. The data is compiled from a survey of about 250 manufacturers in the Philadelphia Federal Reserve district.

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Jun 20, 2024 (Jun) 14:30 - 4.8
4.5
May 16, 2024 (May) 14:30 4.5 7.7
15.5
Apr 18, 2024 (Apr) 14:30 15.5 1.5
3.2
Mar 21, 2024 (Mar) 14:30 3.2 -2.6
5.2
Feb 15, 2024 (Feb) 15:30 5.2 -8.0
-10.6
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