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U.S. Philadelphia Fed Manufacturing Index

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U.S. Philadelphia Fed Manufacturing Index

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Delivery Method

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Status

 
Latest Release
Nov 18, 2021
Actual
39.0
Forecast
24.0
Previous
23.8
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.
Importance:
Country:
Currency: USD
Source: Federal Reserve Bank of Philad...
U.S. Philadelphia Fed Manufacturing Index
 
Release Date Time Actual Forecast Previous
Dec 16, 2021 (Dec) 08:30   24.0 39.0
Nov 18, 2021 (Nov) 08:30 39.0 24.0 23.8
Oct 21, 2021 (Oct) 07:30 23.8 25.0 30.7
Sep 16, 2021 (Sep) 07:30 30.7 18.8 19.4
Aug 19, 2021 (Aug) 07:30 19.4 23.0 21.9
Jul 15, 2021 (Jul) 07:30 21.9 28.0 30.7

News

Analysis

Przemyslaw Radomski, CFA
Who Will Defeat Inflation? By Przemyslaw Radomski, CFA - Nov 24, 2021

With Fed Chairman Jerome Powell officially reappointed for a second term and Fed Governor Lael Brainard promoted to Vice-Chair, the chess pieces are now in place atop the FOMC. However, with inflation...

Philadelphia Fed Manufacturing Index Discussion

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All Comments (20)
Diteboho Mabaso
Diteboho Mabaso May 16, 2019 10:17AM ET
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everything usd! down
Pipo Makan
Pipo Makan Jul 19, 2018 7:43AM ET
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I think this make poor Amarica for poor Market of them.
Can LOve
Can LOve Sep 21, 2017 6:55AM ET
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I believe its going down tell hit 90 zone
Suriya Puikame
Suriya Puikame Feb 19, 2015 6:18AM ET
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Eur/Usd up or down ?
Prince Akowuah
KojoAlmighty Jan 15, 2015 2:30AM ET
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is gold up?
Hilman Rasyid
Hilman Rasyid Dec 18, 2014 8:54AM ET
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I think GOLD will go up and GBPUSD go up
aziz ahmed
aziz ahmed Dec 18, 2014 3:02AM ET
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friends plz tell me USD will go UP or DOWN?.
Muhammad Zahoor Akhtar
Muhammad Zahoor Akhtar Aug 21, 2014 6:58AM ET
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Gold up and EURUSD GBPUSD up
Shareef Epirahs
Shareef Epirahs Aug 21, 2014 6:58AM ET
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Lets' see.. how it goes...
Pedro Henriques
Pedro Henriques Aug 21, 2014 6:58AM ET
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Lets consider also the referendum tomorrow regarding Scotland Idependence Vote, GBPUSD could tumble if the majority votes for Scotland's Idependence.
imrul naeem
imrul naeem Aug 21, 2014 6:58AM ET
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how you know?
Jim Lapps
Jim Lapps Aug 21, 2014 6:58AM ET
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USD is still strong here , till we see a sharp drop Gold is going NO PLACE !. funny how a few years ago gold was trading along with the dollar.
Jim Lapps
Jim Lapps Aug 21, 2014 6:58AM ET
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gold not yet trading along with the dollar!. till this happens I see gold going no place here.
Aug 21, 2014 5:24AM ET
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I hope it will stark weaken. It did a very long strong shot and if the data is negative I would expect correction on GBPUSD and EURUSD which have been going down for several weeks already
Shareef Epirahs
Shareef Epirahs Aug 21, 2014 4:53AM ET
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What will happen to USD?.
 
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