Future General Activity, Perceptions of Respondents for the Region; Percent of Respondents Reporting Decreases for Federal Reserve District 3: Philadelphia
This dataset tracks future general activity, perceptions of respondents for the region; percent of respondents reporting decreases for federal reserve district 3: philadelphia over time.
Latest Value
36.70
Year-over-Year Change
50.41%
Date Range
3/1/2011 - 7/1/2025
Summary
This economic indicator measures the percentage of respondents in Federal Reserve District 3 (Philadelphia) who report decreases in future general business activity, providing insights into regional economic perceptions.
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 'Future General Activity, Perceptions of Respondents for the Region; Percent of Respondents Reporting Decreases for Federal Reserve District 3: Philadelphia' metric tracks the share of survey respondents in the Philadelphia region who anticipate declines in overall business conditions in the coming months. This provides a leading indicator of economic sentiment and trends in the district.
Methodology
The data is collected through the Business Outlook Survey conducted by the Federal Reserve Bank of Philadelphia.
Historical Context
This trend is closely monitored by policymakers, economists, and market participants to gauge regional economic conditions and outlook.
Key Facts
- The survey has been conducted monthly since 1968.
- Respondents include manufacturing firms in the region.
- Decreases indicate a less optimistic economic outlook.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of survey respondents in the Philadelphia Federal Reserve District who report decreases in their expectations for future general business activity in the region.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into regional economic sentiment and can help policymakers, economists, and market participants assess the near-term outlook for business conditions in the Philadelphia area.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Business Outlook Survey conducted by the Federal Reserve Bank of Philadelphia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this indicator to gauge regional economic conditions and inform decisions related to monetary policy, fiscal measures, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of a few weeks. There are no known significant limitations to the survey methodology or data quality.
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Citation
U.S. Federal Reserve, 'Future General Activity, Perceptions of Respondents for the Region; Percent of Respondents Reporting Decreases for Federal Reserve District 3: Philadelphia' (GARFBNDEC156MNFRBPHI), retrieved from FRED.