Current General Activity, Perceptions of Respondents for their Firm; Percent of Respondents Reporting No Change for Federal Reserve District 3: Philadelphia
GABNNC156MSFRBPHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.30
Year-over-Year Change
-9.28%
Date Range
3/1/2011 - 8/1/2025
Summary
This economic indicator measures the percentage of Philadelphia Federal Reserve District survey respondents who report no change in their firm's current general business activity. It provides insights into regional economic conditions.
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
The Philadelphia Fed's Current General Activity survey tracks the perceptions of regional businesses regarding their current operations. The 'No Change' metric specifically captures the share of respondents who report no change in their firm's overall activity, offering a gauge of stability in the local economy.
Methodology
The data is collected through a monthly survey of firms in the Philadelphia Federal Reserve District.
Historical Context
This indicator is used by policymakers and analysts to assess regional economic trends and inform decisions.
Key Facts
- The Philadelphia Fed District covers eastern Pennsylvania, southern New Jersey, and Delaware.
- The 'No Change' metric represents over 50% of responses on average.
- This indicator has been tracked since 1968.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of businesses in the Philadelphia Federal Reserve District that report no change in their current general activity.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the stability and perceived economic conditions within the Philadelphia region, which is useful for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of firms in the Philadelphia Federal Reserve District.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess regional economic trends and inform decisions related to monetary policy and economic development.
Q: Are there update delays or limitations?
A: The data is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Current General Activity, Perceptions of Respondents for their Firm; Percent of Respondents Reporting No Change for Federal Reserve District 3: Philadelphia (GABNNC156MSFRBPHI), retrieved from FRED.