U.S. Philadelphia Fed Business Conditions

USD
Actual
-18.6
Previous
-6.8
Latest Release
Jul 21, 2022
Importance
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
Jul 21, 2022 (Jul) 18:00 -18.6 -
-6.8
Jun 16, 2022 (Jun) 18:00 -6.8 -
2.5
May 19, 2022 (May) 18:00 2.5 -
8.2
Apr 21, 2022 (Apr) 18:00 8.2 -
22.7
Mar 17, 2022 (Mar) 18:00 22.7 -
28.1
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