Per philadelphiafed Manufacturing Index, employment was steady in April but average workweek deteriorated significantly
April 21, 2025 at 11:43 AM
Per philadelphiafed Manufacturing Index, employment was steady in April but average workweek deteriorated significantly
Both new orders and shipments fell sharply in April per philadelphiafed
Manufacturing Index
Manufacturing Index
April 21, 2025 at 11:33 AM
Both new orders and shipments fell sharply in April per philadelphiafed
Manufacturing Index
Manufacturing Index
Prices paid component in philadelphiafed Services Index jumped to 46.5 in April…third consecutive increase and highest since beginning of 2023
April 23, 2025 at 12:22 PM
Prices paid component in philadelphiafed Services Index jumped to 46.5 in April…third consecutive increase and highest since beginning of 2023
Adjusting for ISM methodology, philadelphiafed Manufacturing Index moved into contraction in April
April 21, 2025 at 11:43 AM
Adjusting for ISM methodology, philadelphiafed Manufacturing Index moved into contraction in April
March philadelphiafed Services Index down to -32.5 vs. -13.1 prior … a new cycle low, with new orders falling to -19.5 vs. -1.3 prior, prices paid rising to +36 vs. +23.4 prior, and employment falling to -7.5 vs. +2.5 prior
March 25, 2025 at 12:51 PM
March philadelphiafed Services Index down to -32.5 vs. -13.1 prior … a new cycle low, with new orders falling to -19.5 vs. -1.3 prior, prices paid rising to +36 vs. +23.4 prior, and employment falling to -7.5 vs. +2.5 prior
March was a tough month for services firms per philadelphiafed
... both new orders (blue) and full-time employment (orange) fell sharply, with both in contraction territory
... both new orders (blue) and full-time employment (orange) fell sharply, with both in contraction territory
March 26, 2025 at 11:31 AM
March was a tough month for services firms per philadelphiafed
... both new orders (blue) and full-time employment (orange) fell sharply, with both in contraction territory
... both new orders (blue) and full-time employment (orange) fell sharply, with both in contraction territory
Service and manufacturing sectors turned lower relative to prior month’s trend in both philadelphiafed (top panel) and DallasFed (bottom panel) surveys in February
February 26, 2025 at 12:21 PM
Service and manufacturing sectors turned lower relative to prior month’s trend in both philadelphiafed (top panel) and DallasFed (bottom panel) surveys in February
Prices paid component (blue) of philadelphiafed Manufacturing Index is still spiking, but supplier deliveries (orange) has pulled back
July 18, 2025 at 10:45 AM
Prices paid component (blue) of philadelphiafed Manufacturing Index is still spiking, but supplier deliveries (orange) has pulled back
Prices paid component in philadelphiafed Services Index has been picking up steam, with sharp uptrend continuing in March
March 26, 2025 at 11:36 AM
Prices paid component in philadelphiafed Services Index has been picking up steam, with sharp uptrend continuing in March
Per philadelphiafed Services Index, full time employment (blue) was little changed in April but average workweek (orange) dropped to -6.2
April 23, 2025 at 12:22 PM
Per philadelphiafed Services Index, full time employment (blue) was little changed in April but average workweek (orange) dropped to -6.2
January philadelphiafed
Manufacturing Index up to +44.3 vs. +33.8 est. & -10.9 prior … new orders up to +42.9 (-3.6 prior); shipments up to +41 (+1.7 prior); prices paid up to +31.9 (+26.6 prior); employment up to +11.9 (+4.8 prior)
Manufacturing Index up to +44.3 vs. +33.8 est. & -10.9 prior … new orders up to +42.9 (-3.6 prior); shipments up to +41 (+1.7 prior); prices paid up to +31.9 (+26.6 prior); employment up to +11.9 (+4.8 prior)
January 16, 2025 at 2:08 PM
January philadelphiafed
Manufacturing Index up to +44.3 vs. +33.8 est. & -10.9 prior … new orders up to +42.9 (-3.6 prior); shipments up to +41 (+1.7 prior); prices paid up to +31.9 (+26.6 prior); employment up to +11.9 (+4.8 prior)
Manufacturing Index up to +44.3 vs. +33.8 est. & -10.9 prior … new orders up to +42.9 (-3.6 prior); shipments up to +41 (+1.7 prior); prices paid up to +31.9 (+26.6 prior); employment up to +11.9 (+4.8 prior)
After spiking in 2022, US #inflation expectations have steadily trended back to normal. In fact, professional forecasters surveyed by the @PhiladelphiaFed and investors trading 5y #breakevens both expect annual CPI inflation of 2.3%, chart @JPMorganAM
February 12, 2024 at 10:40 AM
After spiking in 2022, US #inflation expectations have steadily trended back to normal. In fact, professional forecasters surveyed by the @PhiladelphiaFed and investors trading 5y #breakevens both expect annual CPI inflation of 2.3%, chart @JPMorganAM
Prices paid component in philadelphiafed Manufacturing Index continued to spike in March
March 21, 2025 at 10:35 AM
Prices paid component in philadelphiafed Manufacturing Index continued to spike in March
April philadelphiafed Services Index dropped to -42.7 vs. -32.5 prior, lowest since 2020…new orders rose to -6.9 vs. -19.5 prior, prices paid rise to +46.5 vs. +36 prior, and employment rose to -7.2 vs. -7.5 prior
April 22, 2025 at 1:05 PM
April philadelphiafed Services Index dropped to -42.7 vs. -32.5 prior, lowest since 2020…new orders rose to -6.9 vs. -19.5 prior, prices paid rise to +46.5 vs. +36 prior, and employment rose to -7.2 vs. -7.5 prior
Trends in full- (blue) and part-time (orange) employment in philadelphiafed Services Index changed places in May, with former moving into expansion and latter into contraction
May 21, 2025 at 11:41 AM
Trends in full- (blue) and part-time (orange) employment in philadelphiafed Services Index changed places in May, with former moving into expansion and latter into contraction
Huge spread between new orders (blue) and prices paid (orange) components in philadelphiafed Services Index … stagflationary trend given former has continued to weaken while latter has remained elevated
June 25, 2025 at 11:30 AM
Huge spread between new orders (blue) and prices paid (orange) components in philadelphiafed Services Index … stagflationary trend given former has continued to weaken while latter has remained elevated
Quarterly survey from philadelphiafed shows that 48.2% of people cut back on discretionary spending such as entertainment or dining out … up from 43.8% in January and highest percentage since survey started in January 2023
May 22, 2025 at 10:44 AM
Quarterly survey from philadelphiafed shows that 48.2% of people cut back on discretionary spending such as entertainment or dining out … up from 43.8% in January and highest percentage since survey started in January 2023
Full-time employment jumped 17 percentage points in September, reaching a four-year high, according to the @PhiladelphiaFed Services Index https://t.co/DEQgXdNym9
Source: @LizAnnSonders on X
Original Post:
https://x.com/LizAnnSonders/status/2102723434157421017
Source: @LizAnnSonders on X
Original Post:
https://x.com/LizAnnSonders/status/2102723434157421017
September 23, 2026 at 11:35 AM
Full-time employment jumped 17 percentage points in September, reaching a four-year high, according to the @PhiladelphiaFed Services Index https://t.co/DEQgXdNym9
Source: @LizAnnSonders on X
Original Post:
https://x.com/LizAnnSonders/status/2102723434157421017
Source: @LizAnnSonders on X
Original Post:
https://x.com/LizAnnSonders/status/2102723434157421017
September @philadelphiafed Services Index dropped to -22.0 vs. –10.6 prior … new orders -2.2 vs. -10.1 prior; prices paid +37.8 vs. +29.2 prior; employment +19.0 vs.
Source: @LizAnnSonders on X
Original Post:
https://x.com/LizAnnSonders/status/2102387706776973400
Source: @LizAnnSonders on X
Original Post:
https://x.com/LizAnnSonders/status/2102387706776973400
September 22, 2026 at 1:21 PM
September @philadelphiafed Services Index dropped to -22.0 vs. –10.6 prior … new orders -2.2 vs. -10.1 prior; prices paid +37.8 vs. +29.2 prior; employment +19.0 vs.
Source: @LizAnnSonders on X
Original Post:
https://x.com/LizAnnSonders/status/2102387706776973400
Source: @LizAnnSonders on X
Original Post:
https://x.com/LizAnnSonders/status/2102387706776973400
September @philadelphiafed Manufacturing Index +37.8 vs. +32.1 est. & 47.4 prior … prices paid +48.9 vs. +40.9 prior; new orders +29.2 vs. +30.1 prior; shipments +27.7 vs. +27.
Source: @LizAnnSonders on X
Original Post:
https://x.com/LizAnnSonders/status/2100566328436220330
Source: @LizAnnSonders on X
Original Post:
https://x.com/LizAnnSonders/status/2100566328436220330
September 17, 2026 at 12:43 PM
September @philadelphiafed Manufacturing Index +37.8 vs. +32.1 est. & 47.4 prior … prices paid +48.9 vs. +40.9 prior; new orders +29.2 vs. +30.1 prior; shipments +27.7 vs. +27.
Source: @LizAnnSonders on X
Original Post:
https://x.com/LizAnnSonders/status/2100566328436220330
Source: @LizAnnSonders on X
Original Post:
https://x.com/LizAnnSonders/status/2100566328436220330
✅ @philadelphiafed stays in the green: August survey shows regional manufacturing still expanding.
#manufacturing #growth
#manufacturing #growth
August 21, 2026 at 4:50 AM
✅ @philadelphiafed stays in the green: August survey shows regional manufacturing still expanding.
#manufacturing #growth
#manufacturing #growth
New @philadelphiafed working paper finds #MinimumWage increases reduce rental defaults substantially, especially for lower-rent (low income) households.
Some of the higher incomes eventually are capitalized into higher...
Some of the higher incomes eventually are capitalized into higher...
December 1, 2024 at 7:07 PM
New @philadelphiafed working paper finds #MinimumWage increases reduce rental defaults substantially, especially for lower-rent (low income) households.
Some of the higher incomes eventually are capitalized into higher...
Some of the higher incomes eventually are capitalized into higher...