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Category: Research - Topic: Economics - PHILA FED MFG


Philadelphia Fed Mfg Outlook Activity expanded overall in March 2024
Posted: March 21, 2024 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to expand overall, according to the firms responding to the March Manufacturing Business Outlook Survey. The survey's indicator for general activity edged lower but remained positive, while the index for shipments ticked up and the index for new orders turned positive. The employment index ...


Philadelphia Fed Mfg Outlook Activity expanded overall in February 2024
Posted: February 15, 2024 at 08:30 AM (Thursday)

Manufacturing activity in the region expanded overall, according to the firms responding to the February Manufacturing Business Outlook Survey. The survey's indicators for current general activity and shipments rose and turned positive. The indicator for new orders also rose but remained negative. The employment index suggests declines ...


Philadelphia Fed Mfg Outlook Activity continued to decline overall in January 2024
Posted: January 18, 2024 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to decline overall, according to the firms responding to the January Manufacturing Business Outlook Survey. The survey's indicators for general activity, new orders, and shipments rose but remained negative. The employment index was little changed and continues to suggest mostly steady levels ...


Philadelphia Fed Mfg Outlook Activity continued to decline overall in December 2023
Posted: December 21, 2023 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to decline overall, according to the firms responding to the December Manufacturing Business Outlook Survey. The survey's indicators for general activity and shipments remained negative. Furthermore, the index for new orders declined sharply and turned negative. The employment index dipped ...


Philadelphia Fed Mfg Outlook Activity continued to decline overall in November 2023
Posted: November 16, 2023 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to decline overall, according to the firms responding to the November Manufacturing Business Outlook Survey. The survey's indicator for general activity rose but remained negative. The indicator for shipments turned negative, while the indicator for new orders was positive but low. The ...


Philadelphia Fed Mfg Outlook Activity was mixed in October 2023
Posted: October 19, 2023 at 08:30 AM (Thursday)

Manufacturing activity in the region was mixed this month, according to the firms responding to the October Manufacturing Business Outlook Survey. The survey's indicator for general activity remained negative, while the indicators for new orders and shipments were positive but low. The employment index turned positive, and both price ...


Philadelphia Fed Mfg Outlook Activity declined overall in September 2023
Posted: September 21, 2023 at 08:30 AM (Thursday)

Manufacturing activity in the region declined overall, according to the firms responding to the September Manufacturing Business Outlook Survey. The survey's indicators for general activity, new orders, and shipments returned to negative territory after turning positive in August. On balance, the firms continued to report a decline in ...


Philadelphia Fed Mfg Outlook Activity expanded overall in August 2023
Posted: August 17, 2023 at 08:30 AM (Thursday)

Manufacturing activity in the region expanded overall, according to the firms responding to the August Manufacturing Business Outlook Survey. The survey's indicators for general activity, new orders, and shipments were all positive for the first time since May 2022. However, the firms reported a decline in employment, on balance. The price ...


Philadelphia Fed Mfg Outlook Activity continued to decline in July 2023
Posted: July 20, 2023 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to decline overall, according to the firms responding to the July Manufacturing Business Outlook Survey. The survey's indicators for general activity and new orders remained negative. Furthermore, the index for shipments declined and turned negative. The employment index suggests mostly ...


Philadelphia Fed Mfg Outlook Activity continued to decline in April 2023
Posted: April 20, 2023 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to decline overall in April, according to the firms responding to this month's Manufacturing Business Outlook Survey. The survey's broad indicators for activity remained negative, although the indexes for new orders and shipments rose. The employment index suggests steady employment overall. ...


Philadelphia Fed Mfg Outlook Activity continued to decline in March 2023
Posted: March 16, 2023 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to decline overall, according to the firms responding to March's Manufacturing Business Outlook Survey. The survey's broad indicators for current activity were all negative. On balance, the firms also reported a decline in employment. Most future indicators weakened, suggesting that the firms ...


Philadelphia Fed Mfg Outlook Activity declined further in February 2023
Posted: February 16, 2023 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to decline, according to the firms responding to the February Manufacturing Business Outlook Survey. The general activity index declined further, the new orders index remained negative, and the shipments index remained positive but low. The employment index declined but remained positive, and ...


Philadelphia Fed Mfg Outlook Activity continued to decline in January 2023
Posted: January 19, 2023 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to decline overall, according to the firms responding to the January Manufacturing Business Outlook Survey. The survey's indicators for general activity, new orders, and shipments rose from last month, but the former two remained negative. The employment index rebounded. The firms reported ...


Philadelphia Fed Mfg Outlook Activity continued to decline in December 2022
Posted: December 15, 2022 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to decline overall in December, according to the firms responding to this month's Manufacturing Business Outlook Survey. The survey's broad indicators for current activity were all negative. The firms on balance also reported a decline in employment. The future indicators improved, suggesting that ...


Philadelphia Fed Mfg Outlook Activity continued to decline in November 2022
Posted: November 17, 2022 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to decline, according to the firms responding to the November Manufacturing Business Outlook Survey. The general activity index declined further, the new orders index remained negative, and the shipments index remained positive but low. The employment index declined but continued to suggest ...


Philadelphia Fed Mfg Outlook Activity continued to decline in October 2022
Posted: October 20, 2022 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to decline overall this month, according to the firms responding to the October Manufacturing Business Outlook Survey. The survey's indicators for general activity and new orders remained negative, and the shipments index was little changed at a low but positive reading. The firms continued to ...


Philadelphia Fed Mfg Outlook Activity declined overall in September 2022
Posted: September 15, 2022 at 08:30 AM (Thursday)

Manufacturing activity in the region declined overall in September, according to the firms responding to this month's Manufacturing Business Outlook Survey. The indicator for current activity returned to negative territory, the new orders index remained negative, and the shipments index also declined but remained positive. The firms ...


Philadelphia Fed Mfg Outlook Activity held mostly steady in August 2022
Posted: August 18, 2022 at 08:30 AM (Thursday)

Manufacturing activity held mostly steady on balance, according to the firms responding to the August Manufacturing Business Outlook Survey. Most of the survey's indicators rose from last month. Although the general activity index turned positive, it was low, and the new orders index remained negative. The employment index increased, while ...


Philadelphia Fed Mfg Outlook Activity declined in July 2022
Posted: July 21, 2022 at 08:30 AM (Thursday)

Manufacturing activity in the region declined overall in July, according to the firms responding to this month's Manufacturing Business Outlook Survey. The survey's indicators for current general activity and new orders declined further into negative territory. The shipments index was positive and rose slightly, while the indexes for ...


Philadelphia Fed Outlook Activity declined in June 2022
Posted: June 16, 2022 at 08:30 AM (Thursday)

Manufacturing activity in the region weakened, according to the firms responding to the June Manufacturing Business Outlook Survey. The indicators for current activity and new orders turned negative, and the shipments index also declined but remained positive. However, the firms reported continued increases in employment. Both price ...


Philadelphia Fed Outlook Activity declined in May 2022
Posted: May 19, 2022 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to expand overall this month, according to the firms responding to the May Manufacturing Business Outlook Survey. The survey's current general activity index declined, while the indicators for new orders and shipments rose. The employment index decreased, and the price indexes remained elevated ...


Philadelphia Fed Outlook Activity expanded at slower pace in April 2022
Posted: April 21, 2022 at 08:30 AM (Thursday)

Manufacturing activity continued to expand in the region, according to the firms responding to the April Manufacturing Business Outlook Survey. The survey's indicators for current general activity, shipments, and new orders declined from last month's readings but remained positive. The employment index and both price indexes edged higher ...


Philadelphia Fed Outlook Activity continued to grow in March 2022
Posted: March 17, 2022 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to grow, according to the firms responding to the March Manufacturing Business Outlook Survey. The survey's indicators for general activity, shipments, and new orders all rose after declining last month. The employment index and both price indexes climbed higher and remain elevated. The ...


Philadelphia Fed Outlook Activity continued to expand in February 2022
Posted: February 17, 2022 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to expand this month, according to the firms responding to the February Manufacturing Business Outlook Survey. The survey's current indicators for general activity, new orders, and shipments declined from last month's readings but remained positive. The employment index rose, and the price ...


Philadelphia Fed Outlook Activity continued to grow in January 2022
Posted: January 20, 2022 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to grow, according to the firms responding to the January Manufacturing Business Outlook Survey. The survey's indicators for general activity, shipments, and new orders posted modest increases after falling sharply last month. The employment index remained positive but decreased. The price ...


Philadelphia Fed Outlook Activity grew slower in December 2021
Posted: December 16, 2021 at 08:30 AM (Thursday)

Manufacturing growth in the region continued but was less widespread, according to the firms responding to the December Manufacturing Business Outlook Survey. The survey's indicators for general activity, shipments, and new orders all declined to their lowest readings in 2021 but remained positive this month. However, the employment index ...


Philadelphia Fed Outlook Activity continued to grow in November 2021
Posted: November 18, 2021 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to grow, according to the firms responding to the November Manufacturing Business Outlook Survey. The survey's current indicators for general activity, shipments, and new orders all rose from October's readings. The employment index declined but remained elevated, and price indexes indicate ...


Philadelphia Fed Outlook Activity expanded at a slower pace in October 2021
Posted: October 21, 2021 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to expand this month, according to the firms responding to the October Manufacturing Business Outlook Survey. The survey's indicator for general activity declined, the new orders index improved, and the shipments index held steady. Both price indexes remained elevated. The survey's future ...


Philadelphia Fed Outlook Activity continued to expand in September 2021
Posted: September 16, 2021 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to expand this month, according to the firms responding to the September Manufacturing Business Outlook Survey. The survey's indicators for general activity and shipments improved, but the new orders and employment indexes softened somewhat. Both price indexes remained elevated. The survey's ...


Philadelphia Fed Outlook Activity continued to grow in August 2021
Posted: August 19, 2021 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to grow, according to the firms responding to the August Manufacturing Business Outlook Survey. The survey's current indicators for general activity and shipments declined from July's readings but remained elevated, while the new orders indicator rose. Additionally, employment increases were ...


Philadelphia Fed Outlook Activity continued to grow in July 2021
Posted: July 15, 2021 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to expand this month, according to firms responding to the July Manufacturing Business Outlook Survey. The indicators for general activity, shipments, and new orders all declined but remain elevated. The firms continued to report increases in employment and prices. Most of the survey's future ...


Philadelphia Fed Outlook Activity continued to grow in June 2021
Posted: June 17, 2021 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to grow, according to the firms responding to the June Manufacturing Business Outlook Survey. The survey's indicators for general activity, new orders, and shipments remained elevated, although movements were mixed. Additionally, the employment index increased, while the price indexes climbed ...


Philadelphia Fed Outlook Activity continued to grow in May 2021
Posted: May 20, 2021 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to grow, according to the firms responding to the May Manufacturing Business Outlook Survey. The survey's current indicators for general activity, new orders, and shipments declined from April's readings but remained elevated. Additionally, employment increases were less widespread this month, ...


Philadelphia Fed Outlook Activity continued to grow in April 2021
Posted: April 15, 2021 at 08:30 AM (Thursday)

Manufacturing conditions in the region continued to improve this month, according to firms responding to the April Manufacturing Business Outlook Survey. The indicators for general activity, shipments, and employment all rose. The firms continued to report increases in prices. The survey's future indexes indicate continued optimism about ...


Philadelphia Fed Outlook Activity continued to grow in March 2021
Posted: March 18, 2021 at 08:30 AM (Thursday)

Manufacturing conditions in the region strengthened further this month, according to firms responding to the March Manufacturing Business Outlook Survey. The indicators for general activity and new orders rose sharply, and the shipments and employment indexes also increased. Price pressures also rose, according to the surveyed firms. All of ...


Philadelphia Fed Outlook Activity continued to grow in January
Posted: January 21, 2021 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to grow, according to firms responding to the January Manufacturing Business Outlook Survey. The survey's current indicators for general activity, new orders, and shipments increased notably this month and remained positive for the eighth consecutive month. The survey's future indexes remained ...


Philadelphia Fed Outlook Activity showed less widespread growth in December
Posted: December 17, 2020 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to grow, but growth was, according to firms responding to the December Manufacturing Business Outlook Survey. The survey's current indicators for general activity, new orders, and shipments remained positive for the seventh consecutive month but fell notably from their readings in November. ...


Philadelphia Fed Outlook Activity continued to grow in November
Posted: November 19, 2020 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to grow, according to firms responding to the November Manufacturing Business Outlook Survey. The survey's current indicators for general activity, new orders, and shipments remained positive for the sixth consecutive month but fell from their readings in October. However, employment increases ...


Philadelphia Fed Outlook Activity picked up in October
Posted: October 15, 2020 at 08:30 AM (Thursday)

Manufacturing activity in the region picked up this month, according to firms responding to the October Manufacturing Business Outlook Survey. The survey's current indicators for general activity, new orders, and shipments all showed notable improvement. Most future indexes increased and continue to reflect optimism among firms about growth ...


Philadelphia Fed Outlook reported continued to expand in September
Posted: September 17, 2020 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to expand this month, according to firms responding to the September Manufacturing Business Outlook Survey. The survey's current indicators for general activity, new orders, and shipments remained positive for the fourth consecutive month. The employment index improved in September and remained ...


Philadelphia Fed Outlook reported continued to expand in August
Posted: August 20, 2020 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to expand this month, according to firms responding to the August Manufacturing Business Outlook Survey. The survey's current indicators for general activity, new orders, and shipments remained positive for the third consecutive month but fell from their readings in July. The employment index ...


Philadelphia Fed Outlook continued to expand in July
Posted: July 16, 2020 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to expand this month, according to firms responding to the July Manufacturing Business Outlook Survey. The survey's current indicators for general activity, new orders, and shipments showed positive readings for the second consecutive month, coinciding with the phased reopening of the economy in ...


Philadelphia Fed Outlook reported signs of improvement in June
Posted: June 18, 2020 at 08:30 AM (Thursday)

Manufacturing conditions in the region showed signs of improvement this month, according to firms responding to the June Manufacturing Business Outlook Survey. The survey’s current indicators for general activity, new orders, and shipments returned to positive territory, coinciding with the gradual reopening of the economy in our region and ...


Philadelphia Fed Outlook reported continued weakness in May
Posted: May 21, 2020 at 08:30 AM (Thursday)

Manufacturing firms reported continued weakness in regional manufacturing activity this month, according to results from the Manufacturing Business Outlook Survey. Despite remaining well below zero, the survey’s current indicators for general activity, new orders, shipments, and employment rose this month after reaching long-term low readings ...


Philadelphia Fed Outlook Reported Activity fell sharply in April
Posted: April 16, 2020 at 08:30 AM (Thursday)

Manufacturing firms reported continued weakening in regional manufacturing activity this month, according to results from the Manufacturing Business Outlook Survey. The survey’s current indicators for general activity, new orders, and shipments once again fell sharply this month to long-term low readings, coinciding with ongoing ...


Philadelphia Fed Outlook Reported Activity declined markedly in February
Posted: March 19, 2020 at 08:30 AM (Thursday)

Manufacturing firms reported a significant weakening in regional manufacturing activity this month, according to results from the Manufacturing Business Outlook Survey. The survey’s current indicators for general activity, new orders, and shipments fell precipitously this month, coinciding with developments related to the coronavirus. The ...


Philadelphia Fed Outlook Reported Activity Rose in February
Posted: February 20, 2020 at 08:30 AM (Thursday)

Manufacturing firms reported an improvement in regional manufacturing activity, according to results from the February Manufacturing Business Outlook Survey. The survey’s current indicators for general activity, new orders, and shipments increased this month, suggesting more widespread growth. The firms reported expansion in employment, ...


Philadelphia Fed Outlook Reported Activity Improved in January
Posted: January 16, 2020 at 08:30 AM (Thursday)

Manufacturing activity in the region increased this month, according to results from the January Manufacturing Business Outlook Survey. The survey’s indicators for current activity, new orders, shipments, and employment were all positive and increased from their readings in December. The survey’s future activity indexes remained at relatively ...


Philadelphia Fed Outlook Reported Activity was flat in December
Posted: December 19, 2019 at 08:30 AM (Thursday)

Manufacturing activity in the region was flat this month, according to results from the December Manufacturing Business Outlook Survey. The survey's broad indicator for current activity dropped to a reading near zero this month, although indicators for new orders, shipments, and employment remained at higher positive readings. The survey’s ...


Philadelphia Fed Outlook Reported Activity continued to grow in November
Posted: November 21, 2019 at 08:30 AM (Thursday)

Manufacturing activity in the region continued to grow, according to results from the November Manufacturing Business Outlook Survey. The survey’s broad indicators remained positive, although their movements were mixed this month: The indicator for general activity increased, but the new orders, shipments, and employment indicators decreased ...



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