ΛPP.IPΛI

Philly Fed Business Conditions in the United States decreased to 2.50 points in May from 8.20 points in April of 2022. Philly Fed Business Conditions in the United States averaged 34.95 points from 1968 until 2022, reaching an all time high of 91 points in September of 1975 and a record low of -39.70 points in December of 1973. 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. This page includes a chart with historical data for the United States Philly Fed Business Conditions.

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