U.S. Philadelphia Fed Manufacturing Index

USD
Actual
-23.2
Forecast
-15.6
Previous
-24.3
Latest Release
Mar 16, 2023
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
Mar 16, 2023 (Mar) 14:30 -23.2 -15.6
-24.3
Feb 16, 2023 (Feb) 15:30 -24.3 -7.4
-8.9
Jan 19, 2023 (Jan) 15:30 -8.9 -11.0
-13.7
Dec 15, 2022 (Dec) 15:30 -13.8 -10.0
-19.4
Nov 17, 2022 (Nov) 15:30 -19.4 -6.2
-8.7
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