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U.S. Philadelphia Fed Business Conditions

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U.S. Philadelphia Fed Business Conditions

Frequency

Delivery Method

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Status

 
Latest Release
Nov 18, 2021
Actual
28.5
Previous
24.2
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.
Importance:
Country:
Currency: USD
Source: Federal Reserve Bank of Philad...
U.S. Philadelphia Fed Business Conditions
 
Release Date Time Actual Forecast Previous
Dec 16, 2021 (Dec) 08:30     28.5
Nov 18, 2021 (Nov) 08:30 28.5   24.2
Oct 21, 2021 (Oct) 07:30 24.2   20.0
Sep 16, 2021 (Sep) 07:30 20.0   33.7
Aug 19, 2021 (Aug) 07:30 33.7   48.6
Jul 15, 2021 (Jul) 07:30 48.6   69.2

News

Analysis

Jeffrey Halley
Paying Up By Jeffrey Halley - Oct 22, 2021 1

China state-backed media is reporting that Evergrande (OTC:EGRNY) has wired its $83.52 million overdue offshore bond coupon payment, just ahead of the end of the 30-day grace period today. Given that...

Philly Fed Business Conditions Discussion

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