Philadelphia Fed Manufacturing Index for May in the United States

Federal Reserve Bank of Philadelphia announced the Philadelphia Fed Manufacturing Index for May in the United States on 2025-05-15. The reported figure stands at -4, against a forecast of -11, with the prior figure recorded as -26.4.

Regarding the Philadelphia Fed Manufacturing Index for May in the United States, Actual value > Expected value = Positive for the US dollar, The sub-indices include the New Orders Index, Shipment Index, and Employment Index. In terms of inflation, there are the Price Paid Index and Price Received Index. These are leading indicators for the health of the economy, as businesses respond quickly to changes in market conditions. Changes in manufacturing confidence are early signals of future economic activity, such as spending, hiring, and investment.

This data holds an importance level of , calculated using A series of indices based on the Philadelphia Manufacturers Survey, and updates monthly.

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