U.S. Philadelphia Fed Manufacturing Index

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Latest ReleaseMar 19, 2026
Actual18.1
Forecast8.3
Previous
16.3
Importance:Country:Currency:Source:
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.

Philadelphia Fed Manufacturing Index Discussion

I predict a hike in gold price... Post Lets set buy stop at 1772.8 and leave TP free set SL 1771.5 to minimize loss and see magic happen Lot size 2
"The Philadelphia Federal Reserve Manufacturing Index rates the relative level of general business conditions in Philadelphia." Philly is not the gage to use to rate a section of the economy. Calculating an index rating should be done regionally,
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