The US Philly Fed Business Conditions increased to 25 points in August 2025 from 21.5 in the prior month. Philly Fed Business Conditions in the United States averaged 33.73 points from 1968 until 2025, reaching an all time high of 91.00 points in September of 1975 and a record low of -39.70 points in December of 1973. source: Federal Reserve Bank of Philadelphia



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-17 12:30 PM
Philly Fed Business Conditions
Jul 21.5 18.3
2025-08-21 12:30 PM
Philly Fed Business Conditions
Aug 25.0 21.5
2025-09-18 12:30 PM
Philly Fed Business Conditions
Sep 25.0


Related Last Previous Unit Reference
Coincident Index 147.85 147.67 points Jul 2025
Philadelphia Fed Manufacturing Index -0.30 15.90 points Aug 2025
Philly Fed Business Conditions 25.00 21.50 points Aug 2025
Philly Fed CAPEX Index 38.40 17.10 points Aug 2025
Philly Fed Employment 5.90 10.30 points Aug 2025
Philly Fed New Orders -1.90 18.40 points Aug 2025
Philly Fed Prices Paid 66.80 58.80 points Aug 2025

United States Philly Fed Business Conditions
Philadelphia Fed Manufacturing Index is based on The Business Outlook Survey of manufacturers in the Third Federal Reserve District. Participants report the direction of change in overall business activity and in the various measures of activity at their plants: employment, working hours, new and unfilled orders, shipments, inventories, delivery times, prices paid, and prices received. The index above 0 indicates factory-sector growth, below 0 contraction.
Actual Previous Highest Lowest Dates Unit Frequency
25.00 21.50 91.00 -39.70 1968 - 2025 points Monthly
SA