US Philly Fed Manufacturing Index
It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment;
Above 0.0 indicates improving conditions, below indicates worsening conditions;
- US Philly Fed Manufacturing Index Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Sep 19, 2024 | 1.7 | -0.8 | -7.0 |
Aug 15, 2024 | -7.0 | 5.4 | 13.9 |
Jul 18, 2024 | 13.9 | 2.7 | 1.3 |
Jun 20, 2024 | 1.3 | 4.8 | 4.5 |
May 16, 2024 | 4.5 | 7.7 | 15.5 |
Apr 18, 2024 | 15.5 | 1.5 | 3.2 |
Mar 21, 2024 | 3.2 | -2.6 | 5.2 |
Feb 15, 2024 | 5.2 | -8.0 | -10.6 |
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- US Philly Fed Manufacturing Index News
Manufacturing activity in the region was mixed overall, according to the firms responding to the September Manufacturing Business Outlook Survey. The survey’s indicator for current general activity turned positive, while the indexes for new orders and shipments declined and turned negative. The employment index rose and suggested increases in employment overall. Both price indexes moved higher and continue to indicate overall increases in prices. The firms continue to expect growth over the next six months, with expectations more ...
No, Goldilocks is not back! Retail Sales soared in August... thanks to massive historical revisions and a surge in Auto sales... but Auto production crashed by the most since COVID lockdowns (lowering GDP expectations)... and homebuilder sentiment slumped... and the Philly Fed business outlook plunged... and the Empire Fed Manufacturing survey remains in contraction for the 9th straight month... and import and export price inflation was hotter than expected... all of which sent the macro surprise index down to 2024 lows... chart ...
Manufacturing activity in the region softened overall, according to the firms responding to the August Manufacturing Business Outlook Survey. The survey’s indicators for current general activity, new orders, and shipments all declined, with the former turning negative. The employment index suggests declines in employment overall. Both price indexes indicate overall increases in prices and remain near their long-run averages. The firms continue to expect growth over the next six months, but expectations were less widespread this ...
Manufacturing activity in the region expanded overall, according to the firms responding to the July Manufacturing Business Outlook Survey. The survey’s indicator for general activity rose, and the indexes for shipments and new orders turned positive. The employment index also turned positive, suggesting an overall increase in employment levels. Both price indexes continued to indicate overall price increases. Most future activity indicators rose, suggesting more widespread expectations for overall growth over the next six months. ...
Jobless claims not good, housing data bad, Philly Fed ugly... and that meant the US macro surprise index plunged to early-2019 lows... near the lowest level since 2016... chart Source: Bloomberg. But that 'bad news' had no (good news) influence on rate-cut expectations (which worsened marginally).... chart Source: Bloomberg. Treasury yields ended the day marginally higher after recovering from the spike early on after claims data... chart Source: Bloomberg. That 'bad news' was also bad news for the momo names too as The Dow ...
Manufacturing activity in the region was mostly steady overall, according to the firms responding to the June Manufacturing Business Outlook Survey. The survey’s indicator for general activity edged lower but remained positive, while the indexes for shipments and new orders remained negative. The employment index increased but remained negative, continuing to suggest an overall decline in employment levels. Both price indexes continued to indicate overall price increases. Most future activity indicators remained positive but suggest ...
Manufacturing activity in the region weakened overall, according to the firms responding to the May Manufacturing Business Outlook Survey. The survey’s indicators for current general activity, new orders, and shipments all declined, with the latter two turning negative. The employment index suggests declines in employment overall. Both price indexes indicate overall increases in prices but remain below their long-run averages. The firms continue to expect growth over the next six months. The diffusion index for current general ...
Manufacturing activity in the region continued to expand this month, according to the firms responding to the April Manufacturing Business Outlook Survey. The survey’s indicators for general activity, new orders, and shipments all rose. However, the employment index remained negative. Both price indexes continue to suggest overall price increases. Most future activity indicators declined but continue to suggest that firms expect growth over the next six months. The diffusion index for current general activity rose 12 points to 15.5 ...
Released on Sep 19, 2024 |
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Released on Aug 15, 2024 |
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Released on Jul 18, 2024 |
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Released on Jun 20, 2024 |
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Released on May 16, 2024 |
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Released on Apr 18, 2024 |
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