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Federal Reserve Bank (Fed) of Philadelphia New Orders

Country:
United States
USD, US dollar
Sector:
Business
Low 17.9 30
40.6
Last release Importance Actual Forecast
Previous
30
17.9
Next release Actual Forecast
Previous
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Philadelphia Fed New Orders Index shows a change in the number of new orders received by leading manufacturers in the Philadelphia Fed region. This region includes Pennsylvania, New Jersey and Delaware, i.e. states with high economic activity. So, this index often correlates with the national one.

The index of new orders is calculated based on a survey of leading manufacturing companies in the region. Business leaders are asked to assess whether the situation in their companies has improved, worsened or remained unchanged. In addition to new orders, the survey also includes an assessment of the number of unfilled orders, shipment, delivery times, inventories, prices received, number of employees, average hours worked per week. Also, respondents are asked to assess the overall level of business activity in their sector. Answers in two time intervals are expected: evaluation of the last month and a forecast for the next six months.

The index is calculated as a difference between the percentage of positive estimates and the percentage of negative ones. If the final index value is positive, it means that the prices paid by manufacturers have increased on the average across the region. Readings below zero indicate a decrease in the prices paid.

The region falling under the responsibility of the Philadelphia Federal Reserve Bank is one of the most economically active regions of the country, that is why the index of new orders is usually monitored by analysts and considered to be an indirect leading indicator of the US economy state. An increase in the number of new orders can be a leading indicator of production activity in the region, since it causes a near-term production growth.

Dynamics of the Philadelphia Fed New Orders index can cause insignificant volatility of dollar quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "Federal Reserve Bank (Fed) of Philadelphia New Orders" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Jun 2018
17.9
30
40.6
May 2018
40.6
15.7
18.4
Apr 2018
18.4
30.4
35.7
Mar 2018
35.7
19.6
24.5
Feb 2018
24.5
11.5
10.1
Jan 2018
10.1
36
28.2
Dec 2017
29.8
22.3
21.4
Nov 2017
21.4
10.1
19.6
Oct 2017
19.6
19.3
29.5
Sep 2017
29.5
19.3
20.4
Aug 2017
20.4
0
2.1
Jul 2017
2.1
25.9
Jun 2017
25.9
25.4
May 2017
25.4
27.4
Apr 2017
27.4
38.6
Mar 2017
38.6
38
Feb 2017
38
26
Jan 2017
26
13.9
Dec 2016
13.9
18.6
Nov 2016
18.6
16.3
Oct 2016
16.3
1.4
Sep 2016
1.4
-7.2
Aug 2016
-7.2
11.8
Jul 2016
11.8
-3
Jun 2016
-3
-1.9
May 2016
-1.9
0
Apr 2016
0
15.7
Mar 2016
15.7
-5.3
Feb 2016
-5.3
-1.4
Jan 2016
-1.4
-9.5
Dec 2015
-9.5
-3.7
Nov 2015
-3.7
-10.6
Oct 2015
-10.6
9.4
Sep 2015
9.4
5.8
Aug 2015
5.8
7.1
Jul 2015
7.1
15.2
Jun 2015
15.2
4
May 2015
4
0.7
Apr 2015
0.7
3.9
Mar 2015
3.9
5.4
Feb 2015
5.4
8.5
Jan 2015
8.5
15.7
Dec 2014
15.7
35.7
Nov 2014
35.7
17.3
Oct 2014
17.3
15.5
Sep 2014
15.5
31.4
Aug 2014
31.4
14.4
Jul 2014
14.4
13.6
Jun 2014
13.6
15
May 2014
15
8.2

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