Current Average Employee Workweek; Percent of Respondents Reporting No Change for Federal Reserve District 3: Philadelphia
Seasonally Adjusted
AWBNNC156MSFRBPHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.70
Year-over-Year Change
8.81%
Date Range
3/1/2011 - 8/1/2025
Summary
The Seasonally Adjusted (AWBNNC156MSFRBPHI) data series tracks changes in business conditions and economic activity in the Federal Reserve's Philadelphia region on a monthly basis.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index provides a comprehensive measure of economic performance, combining data on new orders, production, employment, and other key indicators. It is a closely watched metric used by economists, policymakers, and investors to assess the health of the regional economy.
Methodology
The data is collected through a monthly survey of regional manufacturers.
Historical Context
The Seasonally Adjusted index is an important input for Federal Reserve monetary policy decisions.
Key Facts
- The index ranges from -100 to 100, with positive values indicating expansion.
- It has been published monthly since 1968.
- The series is seasonally adjusted to account for recurring patterns.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted index tracks changes in business conditions and economic activity in the Federal Reserve's Philadelphia region on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This index is a closely watched metric used by economists, policymakers, and investors to assess the health of the regional economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of regional manufacturers.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted index is an important input for Federal Reserve monetary policy decisions.
Q: Are there update delays or limitations?
A: The series has been published monthly since 1968 and is seasonally adjusted to account for recurring patterns.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (AWBNNC156MSFRBPHI), retrieved from FRED.