Index Indicating Manufacturing Sentiment in the Philadelphia District
United States| Date | Value | ||
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| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
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| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The Philadelphia Fed Manufacturing Index is an indicator assessing economic activity in the manufacturing sector within the Philadelphia region. This data is released monthly by the Philadelphia Federal Reserve Bank, based on a survey conducted among purchasing managers in the manufacturing industry.
The index is based around a zero-point scale, with figures above zero indicating expansion in manufacturing and figures below zero indicating contraction. The Philadelphia Fed Manufacturing Index includes key components such as new orders, shipments, employment, and inventory levels, and serves as a leading indicator for the regional economy.
This data is crucial for policymakers as they assess regional economic trends and formulate appropriate economic policies. It also serves as an important source of information for businesses and investors looking to understand regional economic trends and make economic forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
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| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
