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U.S. Philadelphia Fed Manufacturing Index

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U.S. Philadelphia Fed Manufacturing Index

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Latest Release
May 19, 2022
Actual
2.6
Forecast
16.0
Previous
17.6
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
May 19, 2022 (May) 08:30 2.6 16.0 17.6
Apr 21, 2022 (Apr) 08:30 17.6 21.0 27.4
Mar 17, 2022 (Mar) 08:30 27.4 15.0 16.0
Feb 17, 2022 (Feb) 09:30 16.0 20.0 23.2
Jan 20, 2022 (Jan) 09:30 23.2 20.0 15.4
Dec 16, 2021 (Dec) 09:30 15.4 30.0 39.0

News

Crude Oil Lower; Global Growth Slowdown Worries Weigh
Crude Oil Lower; Global Growth Slowdown Worries Weigh By Investing.com - May 19, 2022 2

By Peter Nurse    Investing.com -- Oil prices weakened Thursday, falling back from the seven-week highs seen earlier in the week on broad concerns about a potential dramatic slowdown in global...

Analysis

Philadelphia Fed Manufacturing Index Discussion

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All Comments (21)
Vincent Walker
Vincent Walker Mar 17, 2022 10:21AM ET
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"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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Diteboho Mabaso
Diteboho Mabaso May 16, 2019 10:17AM ET
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everything usd! down
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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.
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Can LOve
Can LOve Sep 21, 2017 6:55AM ET
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I believe its going down tell hit 90 zone
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Suriya Puikame
Suriya Puikame Feb 19, 2015 6:18AM ET
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Eur/Usd up or down ?
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Prince Akowuah
KojoAlmighty Jan 15, 2015 2:30AM ET
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is gold up?
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Hilman Rasyid
Hilman Rasyid Dec 18, 2014 8:54AM ET
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I think GOLD will go up and GBPUSD go up
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aziz ahmed
aziz ahmed Dec 18, 2014 3:02AM ET
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friends plz tell me USD will go UP or DOWN?.
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Muhammad Zahoor Akhtar
Muhammad Zahoor Akhtar Aug 21, 2014 6:58AM ET
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Gold up and EURUSD GBPUSD up
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Shareef Epirahs
Shareef Epirahs Aug 21, 2014 6:58AM ET
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Lets' see.. how it goes...
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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.
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imrul naeem
imrul naeem Aug 21, 2014 6:58AM ET
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how you know?
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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.
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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.
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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
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