Future General Activity, Perceptions of Respondents for their Firm; Diffusion Index for Federal Reserve District 3: Philadelphia
Not Seasonally Adjusted
GAFBNDIF066MNFRBPHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.10
Year-over-Year Change
-75.00%
Date Range
3/1/2011 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' trend measures the value of the Federal Reserve Bank of Philadelphia's general activity index without seasonal adjustments, providing a raw view of manufacturing activity.
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 general activity index is a key indicator of manufacturing conditions in the Philadelphia region. The unadjusted version offers an unfiltered perspective on the underlying trends, which can be useful for economists and policymakers analyzing the broader economic landscape.
Methodology
The Federal Reserve Bank of Philadelphia surveys regional manufacturing firms each month to collect the raw, unadjusted data.
Historical Context
This index is closely watched by analysts to gauge the health of the manufacturing sector and its potential impact on the broader economy.
Key Facts
- The index ranges from -100 to 100, with positive values indicating expansion.
- The unadjusted data can be more volatile than the seasonally adjusted version.
- The Philadelphia region is a key manufacturing hub in the United States.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures the raw, unadjusted value of the Federal Reserve Bank of Philadelphia's general activity index, which reflects manufacturing conditions in the region.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted data provides an unfiltered view of underlying manufacturing trends, which can be useful for economists and policymakers analyzing the broader economic landscape.
Q: How is this data collected or calculated?
A: The Federal Reserve Bank of Philadelphia surveys regional manufacturing firms each month to collect the raw, unadjusted data for the general activity index.
Q: How is this trend used in economic policy?
A: The Philadelphia Fed's general activity index is closely watched by analysts to gauge the health of the manufacturing sector and its potential impact on the broader economy, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly, but there may be a short delay between the survey period and the public release of the unadjusted index value.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (GAFBNDIF066MNFRBPHI), retrieved from FRED.