Philly Fed new orders in the US dropped sharply to -25.6 in December 2023 from 1.Three within the prior month. Philly Fed New Orders in the US averaged 9.52 factors from 1968 till 2023, reaching an all time excessive of 56.20 factors in March of 1973 and a file low of -70.90 factors in April of 2020. supply: Federal Reserve Financial institution of Philadelphia
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| Calendar | GMT | Reference | Precise | Earlier | Consensus | TEForecast | |
|---|---|---|---|---|---|---|---|
| 2023-11-16 | 01:30 PM |
Philly Fed New Orders |
Nov | 1.3 | 4.4 | ||
| 2023-12-21 | 01:30 PM |
Philly Fed New Orders |
Dec | -25.6 | 1.3 | ||
| 2024-01-18 | 01:30 PM |
Philly Fed New Orders |
Jan | -25.6 | |||
Philadelphia Fed Manufacturing Index relies on The Enterprise Outlook Survey of producers within the Third Federal Reserve District. Members report the route of change in total enterprise exercise and within the varied measures of exercise at their vegetation: employment, working hours, new and unfilled orders, shipments, inventories, supply occasions, costs paid, and costs obtained. The index above zero signifies factory-sector progress, under zero contraction.
| Precise | Earlier | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| -25.60 | 1.30 | 56.20 | -70.90 | 1968 – 2023 | factors | Month-to-month |
SA |
