Key data points
Last release
—
Observation period
Sep 2025
Next release
—
Forecast
—
Highest
58.50 POINT on Mar 31, 1973
Lowest
−58.40 POINT on Apr 30, 2020
About United States Philadelphia Fed Manufacturing Index
Philadelphia Fed Manufacturing Index is based on The Business Outlook Survey of manufacturers in the Third Federal Reserve District. Participants report the direction of change in overall business activity and in the various measures of activity at their plants: employment, working hours, new and unfilled orders, shipments, inventories, delivery times, prices paid, and prices received. The index above 0 indicates factory-sector growth, below 0 contraction.