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U.S. Philadelphia Fed Manufacturing Index

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U.S. Philadelphia Fed Manufacturing Index

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Status

 
Latest Release
Mar 17, 2022
Actual
27.4
Forecast
15.0
Previous
16.0
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
Apr 21, 2022 (Apr) 08:30   20.9 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
Nov 18, 2021 (Nov) 09:30 39.0 24.0 23.8

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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,
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
 
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