Level Chart

Basic Info

Philly Fed Manufacturing Activity Index is at a current level of 16.30, up from 12.60 last month and down from 32.90 one year ago. This is a change of 29.37% from last month and -50.46% from one year ago.

The Philly Fed Manufacturing Activity Index measures changes in business growth covering the Pennsylvania, New Jersey, and Delaware region. A value greater than 0 reflects growth in the manufacturing sector, whereas a value less than 0 reflects a contraction. The Philly Fed Index can be used to forecast regional manufacturing conditions, but is widely followed because it may provide an indication of conditions throughout the United States Historically, the Philly Fed Manufacturing Activity Index hit troughs during US recessionary periods.

Stats

Last Value 16.30
Latest Period Feb 2026
Last Updated Mar 3 2026, 08:57 EST
Average Growth Rate -88.16%
Value from Last Month 12.60
Change from Last Month 29.37%
Value from 1 Year Ago 32.90
Change from 1 Year Ago -50.46%
Frequency Monthly
Adjustment N/A
Download Source File
Notes U.S. Third Federal Reserve District Activity Index

Historical Data

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Date Value
February 28, 2026 16.30
January 31, 2026 12.60
December 31, 2025 -8.80
November 30, 2025 0.60
October 31, 2025 -10.10
September 30, 2025 19.50
August 31, 2025 0.70
July 31, 2025 11.40
June 30, 2025 -1.40
May 31, 2025 -0.70
April 30, 2025 -12.90
March 31, 2025 10.20
February 28, 2025 13.40
January 31, 2025 32.90
December 31, 2024 -9.60
November 30, 2024 -1.50
October 31, 2024 7.60
September 30, 2024 -1.60
August 31, 2024 -3.00
July 31, 2024 9.90
June 30, 2024 2.90
May 31, 2024 7.50
April 30, 2024 17.60
March 31, 2024 1.80
February 29, 2024 -1.00
Date Value
January 31, 2024 -14.70
December 31, 2023 -7.90
November 30, 2023 -6.80
October 31, 2023 -15.70
September 30, 2023 -14.20
August 31, 2023 10.60
July 31, 2023 -14.50
June 30, 2023 -13.90
May 31, 2023 -10.00
April 30, 2023 -33.40
March 31, 2023 -21.90
February 28, 2023 -19.90
January 31, 2023 -5.00
December 31, 2022 -11.60
November 30, 2022 -17.00
October 31, 2022 -9.90
September 30, 2022 -7.80
August 31, 2022 2.70
July 31, 2022 -7.40
June 30, 2022 -2.70
May 31, 2022 3.50
April 30, 2022 16.90
March 31, 2022 23.30
February 28, 2022 19.10
January 31, 2022 19.90

Basic Info

Philly Fed Manufacturing Activity Index is at a current level of 16.30, up from 12.60 last month and down from 32.90 one year ago. This is a change of 29.37% from last month and -50.46% from one year ago.

The Philly Fed Manufacturing Activity Index measures changes in business growth covering the Pennsylvania, New Jersey, and Delaware region. A value greater than 0 reflects growth in the manufacturing sector, whereas a value less than 0 reflects a contraction. The Philly Fed Index can be used to forecast regional manufacturing conditions, but is widely followed because it may provide an indication of conditions throughout the United States Historically, the Philly Fed Manufacturing Activity Index hit troughs during US recessionary periods.

Stats

Last Value 16.30
Latest Period Feb 2026
Last Updated Mar 3 2026, 08:57 EST
Average Growth Rate -88.16%
Value from Last Month 12.60
Change from Last Month 29.37%
Value from 1 Year Ago 32.90
Change from 1 Year Ago -50.46%
Frequency Monthly
Adjustment N/A
Download Source File
Notes U.S. Third Federal Reserve District Activity Index