Level Chart

Basic Info

Philly Fed Manufacturing Activity Index is at a current level of 18.10, up from 16.30 last month and up from 13.40 one year ago. This is a change of 11.04% from last month and 35.07% 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 18.10
Latest Period Mar 2026
Last Updated Mar 26 2026, 11:48 EDT
Average Growth Rate -87.53%
Value from Last Month 16.30
Change from Last Month 11.04%
Value from 1 Year Ago 13.40
Change from 1 Year Ago 35.07%
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
March 31, 2026 18.10
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
Date Value
February 29, 2024 -1.00
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

Basic Info

Philly Fed Manufacturing Activity Index is at a current level of 18.10, up from 16.30 last month and up from 13.40 one year ago. This is a change of 11.04% from last month and 35.07% 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 18.10
Latest Period Mar 2026
Last Updated Mar 26 2026, 11:48 EDT
Average Growth Rate -87.53%
Value from Last Month 16.30
Change from Last Month 11.04%
Value from 1 Year Ago 13.40
Change from 1 Year Ago 35.07%
Frequency Monthly
Adjustment N/A
Download Source File
Notes U.S. Third Federal Reserve District Activity Index