X

Philadelphia Fed Manufacturing Survey

The Philadelphia Fed Survey is a spread index of manufacturing conditions (movements of manufacturing) within the Federal Reserve Bank of Philadelphia. This survey, served as an indicator of manufacturing sector trends, is interrelated with the ISM manufacturing Index (Institute for Supply Management) and the index of industrial production. It is also used as a forecast of The ISM Index. Generally, an above-the-expectaitons reading is seen as positive for the USD.

Most recent - Thursday 16 November 2023 13:30

Previous
-9
Revised
-
Forecast
-9
Actual
-5.9

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Next event - Thursday 21 December 2023 13:30

Previous
-5.9
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for Philadelphia Fed Manufacturing Survey yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Philadelphia Fed Manufacturing Survey was -5.9 against a forecast of -9.

Past events

Date
Forecast
Actual
Thursday 16 November 2023 13:30
-9
-5.9
Thursday 19 October 2023 12:30
-6.6
-9
Thursday 21 September 2023 12:30
-0.7
-13.5
Thursday 17 August 2023 12:30
-10
12
Thursday 20 July 2023 12:30
-10
-13.5
Thursday 15 June 2023 12:30
-14
-13.7
Thursday 18 May 2023 12:30
-19.8
-10.4
Thursday 20 April 2023 12:30
-19.2
-31.3
Thursday 16 March 2023 12:30
-14.5
-23.2
Thursday 16 February 2023 13:30
-7.4
-24.3
Thursday 19 January 2023 13:30
-11
-8.9
Thursday 15 December 2022 13:30
-10
-13.8
Thursday 17 November 2022 13:30
-6.2
-19.4
Thursday 20 October 2022 12:30
-5
-8.7
Thursday 15 September 2022 12:30
2.8
-9.9
Thursday 18 August 2022 12:30
-5
6.2
Thursday 21 July 2022 12:30
0
-12.3
Thursday 16 June 2022 12:30
5.5
-3.3
Thursday 19 May 2022 12:30
16
2.6
Thursday 21 April 2022 12:30
21
17.6
Thursday 17 March 2022 12:30
15
27.4
Thursday 17 February 2022 13:30
20
16
Thursday 20 January 2022 13:30
19.8
23.2
Thursday 16 December 2021 13:30
30
15.4
Thursday 18 November 2021 13:30
24
39
Thursday 21 October 2021 12:30
25
23.8
Thursday 16 September 2021 12:30
19
30.7
Thursday 19 August 2021 12:30
23
19.4
Thursday 15 July 2021 12:30
28
21.9
Thursday 17 June 2021 12:30
31
30.7
Thursday 20 May 2021 12:30
43
31.5
Thursday 15 April 2021 12:30
42
50.2
Thursday 18 March 2021 12:30
23.1
51.8
Thursday 18 February 2021 13:30
20
23.1
Thursday 21 January 2021 13:30
12
26.5
Thursday 17 December 2020 13:30
20
11.1

Economic context

Recent economic data has been moderately bearish for USD. Other recent announcements which may affect the market's interpretation of the next Philadelphia Fed Manufacturing Survey result:

PreviousLatest
Pending Home Sales (MoM)Bearish change1%-1.5%
Chicago Purchasing Managers' IndexBullish change4455.8
Core Personal Consumption Expenditures - Price Index (MoM)Bearish change0.3%0.2%
Core Personal Consumption Expenditures - Price Index (YoY)Bearish change3.7%3.5%
Initial Jobless ClaimsBearish change211K218K
Personal Consumption Expenditures - Price Index (MoM)Bearish change0.4%0%
Personal Consumption Expenditures - Price Index (YoY)Bearish change3.4%3%
Personal Income (MoM)Bearish change0.4%0.2%
Personal SpendingBearish change0.7%0.2%
Core Personal Consumption Expenditures (QoQ)Bearish change2.4%2.3%
Gross Domestic Product AnnualizedBullish change4.9%5.2%
Gross Domestic Product Price Index(no change)3.5%3.5%
Personal Consumption Expenditures Prices (QoQ)Bearish change2.9%2.8%
Housing Price Index (MoM)(no change)0.6%0.6%
New Home Sales Change (MoM)Bearish change8.6%-5.6%
S&P Global Composite PMI(no change)50.750.7
S&P Global Manufacturing PMIBearish change5049.4
S&P Global Services PMIBullish change50.650.8
Michigan Consumer Sentiment IndexBullish change60.461.3
UoM 5-year Consumer Inflation Expectation(no change)3.2%3.2%
Durable Goods OrdersBearish change4.6%-5.4%
Durable Goods Orders ex DefenseBearish change5.7%-6.7%
Durable Goods Orders ex TransportationBearish change0.4%0%
Initial Jobless ClaimsBullish change233K209K
Nondefense Capital Goods Orders ex AircraftBearish change0.5%-0.1%
Existing Home Sales Change (MoM)Bearish change-2.2%-4.1%
Building Permits (MoM)Bullish change1.471M1.487M
Housing Starts (MoM)Bullish change1.346M1.372M

About Philadelphia Fed Manufacturing Survey

Country:United States
Currency:USD
Source:Federal Reserve Bank of Philadelphia
Category:Economic Activity
Frequency:Monthly

Related events

Australia
Gross Domestic Product (QoQ)
Canada
Gross Domestic Product Annualized
Switzerland
Gross Domestic Product s.a. (QoQ)
China
Non-Manufacturing PMI
China
Gross Domestic Product (YoY)
China
Gross Domestic Product (QoQ)
China
NBS Manufacturing PMI
Germany
Gross Domestic Product (QoQ)
Eurozone
Gross Domestic Product s.a. (YoY)
Eurozone
Gross Domestic Product s.a. (QoQ)
Japan
Gross Domestic Product (QoQ)
Japan
Tankan Large Manufacturing Index
New Zealand
Gross Domestic Product (YoY)
New Zealand
Gross Domestic Product (QoQ)
United Kingdom
Gross Domestic Product (QoQ)
United States
ISM Manufacturing PMI
United States
Gross Domestic Product Annualized
United States
Nondefense Capital Goods Orders ex Aircraft
United States
ISM Services PMI
United States
Durable Goods Orders
Australia
S&P Global Manufacturing PMI
Australia
National Australia Bank's Business Confidence (QoQ)
Australia
S&P Global Services PMI
Australia
AiG Industry Index
Australia
Gross Domestic Product (YoY)
Canada
Bank of Canada Business Outlook Survey
Canada
Gross Domestic Product (MoM)
Canada
Ivey Purchasing Managers Index
Canada
Ivey Purchasing Managers Index s.a
Canada
Gross Domestic Product (QoQ)
Canada
S&P Global Manufacturing PMI
Switzerland
KOF Leading Indicator
Switzerland
Industrial Production (YoY)
Switzerland
Gross Domestic Product (YoY)
Switzerland
ZEW Survey – Expectations
China
Industrial Production (YoY)
China
Caixin Services PMI
China
Caixin Manufacturing PMI
Germany
ZEW Survey – Economic Sentiment
Germany
IFO – Current Assessment
Germany
S&P Global/BME Manufacturing PMI
Germany
IFO – Expectations
Germany
S&P Global/BME Composite PMI
Germany
ZEW Survey – Current Situation
Germany
IFO – Business Climate
Germany
Gross Domestic Product w.d.a (YoY)
Germany
Gross Domestic Product (YoY)
Germany
Factory Orders s.a. (MoM)
Eurozone
ZEW Survey – Economic Sentiment
Eurozone
S&P Global Composite PMI
Eurozone
Industrial Production s.a. (MoM)
Eurozone
Business Climate
Spain
S&P Global Services PMI
Spain
S&P Global Manufacturing PMI
France
Gross Domestic Product (QoQ)
Italy
Gross Domestic Product (YoY)
Italy
S&P Global Manufacturing PMI
Italy
Gross Domestic Product (QoQ)
Italy
S&P Global Services PMI
Japan
Tankan Large All Industry Capex
Japan
Tankan Large Manufacturing Outlook
Japan
Industrial Production (YoY)
Japan
Gross Domestic Product Annualized
New Zealand
Business NZ PMI
New Zealand
NZIER Business Confidence (QoQ)
Poland
Purchasing Manager Index
United Kingdom
Manufacturing Production (MoM)
United Kingdom
S&P Global/CIPS Composite PMI
United Kingdom
Manufacturing Production (YoY)
United Kingdom
Gross Domestic Product (MoM)
United Kingdom
Industrial Production (MoM)
United Kingdom
Gross Domestic Product (YoY)
United Kingdom
NIESR GDP Estimate (3M)
United Kingdom
S&P Global/CIPS Manufacturing PMI
United States
Durable Goods Orders ex Defense
United States
S&P Global Manufacturing PMI
United States
S&P Global Services PMI
United States
Chicago Fed National Activity Index
United States
Factory Orders (MoM)
United States
ISM Services New Orders Index
United States
ISM Manufacturing New Orders Index
United States
S&P Global Composite PMI
United States
Chicago Purchasing Managers' Index
United States
Durable Goods Orders ex Transportation
United States
Gross Domestic Product Price Index
 
Continue to site >