United States Philadelphia Fed Survey in United States

Reserva Federal de Filadelfia · Monthly · Importance 79

47.4 (Aug-26) ABS · points · Mensual · CSV
6.0 (Aug-26) MOM · points · Mensual · CSV
Recessions COVID recession
Periodpoints
Aug 2026 47.4
Jul 2026 41.4
Jun 2026 10.3
May 2026 -0.4
Apr 2026 26.7
Mar 2026 18.1
Feb 2026 16.3
Jan 2026 12.6
Dec 2025 -8.8
Nov 2025 0.6
Oct 2025 -10.1
Sep 2025 19.5
Aug 2025 0.7
Jul 2025 11.4
Jun 2025 -1.4
May 2025 -0.7
Apr 2025 -12.9
Mar 2025 10.2
Feb 2025 13.4
Jan 2025 32.9
Dec 2024 -9.6
Nov 2024 -1.5
Oct 2024 7.6
Sep 2024 -1.6
Aug 2024 -3.0
Jul 2024 9.9
Jun 2024 2.9
May 2024 7.5
Apr 2024 17.6
Mar 2024 1.8
Feb 2024 -1.0
Jan 2024 -14.7
Dec 2023 -7.2
Nov 2023 -3.9
Oct 2023 -14.6
Sep 2023 -15.2
Aug 2023 10.5
Jul 2023 -16.1
Jun 2023 -12.1
May 2023 -8.1
Apr 2023 -25.5
Mar 2023 -25.0
Feb 2023 -22.2
Jan 2023 -12.4
Dec 2022 -11.4
Nov 2022 -13.4
Oct 2022 -11.5
Sep 2022 -8.3
Aug 2022 4.1
Jul 2022 -8.1
Jun 2022 -1.9
May 2022 4.7
Apr 2022 16.8
Mar 2022 20.8
Feb 2022 15.9
Jan 2022 18.3
Dec 2021 17.1
Nov 2021 44.0
Oct 2021 21.5
Sep 2021 32.2
Periodpoints
Aug 2026 6.0
Jul 2026 31.1
Jun 2026 10.7
May 2026 -27.1
Apr 2026 8.6
Mar 2026 1.8
Feb 2026 3.7
Jan 2026 21.4
Dec 2025 -9.4
Nov 2025 10.7
Oct 2025 -29.6
Sep 2025 18.8
Aug 2025 -10.7
Jul 2025 12.8
Jun 2025 -0.7
May 2025 12.2
Apr 2025 -23.1
Mar 2025 -3.2
Feb 2025 -19.5
Jan 2025 42.5
Dec 2024 -8.1
Nov 2024 -9.1
Oct 2024 9.2
Sep 2024 1.4
Aug 2024 -12.9
Jul 2024 7.0
Jun 2024 -4.6
May 2024 -10.1
Apr 2024 15.8
Mar 2024 2.8
Feb 2024 13.7
Jan 2024 -7.5
Dec 2023 -3.3
Nov 2023 10.7
Oct 2023 0.6
Sep 2023 -25.7
Aug 2023 26.6
Jul 2023 -4.0
Jun 2023 -4.0
May 2023 17.4
Apr 2023 -0.5
Mar 2023 -2.8
Feb 2023 -9.8
Jan 2023 -1.0
Dec 2022 2.0
Nov 2022 -1.9
Oct 2022 -3.2
Sep 2022 -12.4
Aug 2022 12.2
Jul 2022 -6.2
Jun 2022 -6.6
May 2022 -12.1
Apr 2022 -4.0
Mar 2022 4.9
Feb 2022 -2.4
Jan 2022 1.2
Dec 2021 -26.9
Nov 2021 22.5
Oct 2021 -10.7
Sep 2021 14.7

About this indicator

SourcePhiladelphia Fed
FrequencyMonthly
Release Tercer jueves de cada mes, para el mes en curso. (12:30 GMT)
What it isIt is a business confidence indicator third of the twelve federal districts, which reveals the direction of change in economic activity and in certain areas of it. Conducted since May 1968, having information from this periodo.Los entrepreneurs answer questions about employment, weekly working hours, new orders, backlogs of work, paid between other prices.
How it's calculatedIt is based on a survey in which each question has three possible answers: increases / equal / reductions. Subsequently, the percentage of responses indicating "increases" they represent "decreases" is subtracted. All this in terms of the current situation and the outlook for the next six months.
Market implicationsIt is a good indicator of the economic situation both now and future. It serves to better understand changes in the economy nationwide. The manufacturing industry is very sensitive to changes in the economic climate so that variation in production is usually faster and more intense than that of the national economy.
LimitationsData can be modified to be reviewed so caution should be exercised when interpreting them.