U.S. Philadelphia Fed Business Conditions

  • U.S. Philadelphia Fed Business Conditions results in real time as they're announced. Read related news and analysis, get historical data, and see the immediate global market impact.
USD
Actual
-10.3
Forecast
-11.3
Previous
-1.5
Latest Release
May 18, 2023
Importance
Source
Federal Reserve Bank of Philadelphia
Overview
The Philadelphia Fed Index, also known as the Business Outlook Survey, is a survey produced by the Federal Reserve Bank of Philadelphia which questions manufacturers on general business conditions. The index covers the Philadelphia, New Jersey, and Delaware region. Higher survey figures suggest higher production, which contribute to economic growth. Results are calculated as the difference between percentage scores with zero acting as the centerline point. As such, values greater than zero indicate growth, while values less than zero indicate contraction. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.
Historical Data
Release Date
Time
Actual
Forecast
Previous
May 18, 2023 (May) 18:00 -10.3 -11.3
-1.5
Apr 20, 2023 (Apr) 18:00 -1.5 -11.9
-8.0
Mar 16, 2023 (Mar) 18:00 -8.0 -
1.7
Feb 16, 2023 (Feb) 19:00 1.7 -
4.9
Jan 19, 2023 (Jan) 19:00 4.9 -
-0.9

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