Current Equipment and Software Capital Expenditures; Diffusion Index for Federal Reserve District 3: Philadelphia
Not Seasonally Adjusted
CEBNDIF066MNFRBPHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.10
Year-over-Year Change
-54.14%
Date Range
3/1/2011 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' economic trend measures raw, unadjusted manufacturing data in the Philadelphia region. It provides a snapshot of underlying production activity without seasonal adjustments.
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 manufacturing index represents unprocessed data on shipments, new orders, and other production metrics in the Philadelphia Federal Reserve district. Analysts use the unadjusted figures to assess underlying economic conditions and trends.
Methodology
The data is collected directly from regional manufacturers through a monthly survey conducted by the Philadelphia Fed.
Historical Context
Policymakers and economists monitor this unprocessed manufacturing data to complement seasonally adjusted indicators and gain a fuller picture of economic performance.
Key Facts
- The index has been tracked since 1968.
- It covers the 3rd Federal Reserve district, including eastern Pennsylvania, southern New Jersey, and Delaware.
- The data is released monthly, around the middle of the following month.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures raw, unprocessed manufacturing data in the Philadelphia region, including shipments, new orders, and other production metrics.
Q: Why is this trend relevant for users or analysts?
A: This unprocessed manufacturing data provides a more direct view of underlying economic conditions, complementing seasonally adjusted indicators to give analysts a fuller picture of regional production activity.
Q: How is this data collected or calculated?
A: The data is collected directly from regional manufacturers through a monthly survey conducted by the Philadelphia Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this unprocessed manufacturing data to gain insights into regional economic performance and support policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly, around the middle of the following month. There may be some delays or limitations in data collection from regional manufacturers.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (CEBNDIF066MNFRBPHI), retrieved from FRED.