Philly Fed New Orders in the United States increased to 22.10 points in May from 17.80 points in April of 2022. Philly Fed New Orders in the United States averaged 10.17 points from 1968 until 2022, reaching an all time high of 56.20 points in March of 1973 and a record low of -70.90 points in April of 2020. 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 New Orders.
🏄 𝗽𝗼𝘄𝗲𝗿𝗲𝗱 𝗯𝘆 𝗦𝘂𝗿𝗳𝗶𝗻𝗴 𝗪𝗮𝘃𝗲𝘀!