Current New Orders; Percent Reporting No Change for Federal Reserve District 3: Philadelphia
Not Seasonally Adjusted
NOCNNA156MNFRBPHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.80
Year-over-Year Change
-41.78%
Date Range
5/1/1968 - 8/1/2025
Summary
The 'Not Seasonally Adjusted' data series measures the change in non-farm payroll employment without seasonal adjustments. It provides a raw, unfiltered view of labor market trends.
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 data series from the Federal Reserve Bank of Philadelphia tracks monthly changes in total non-farm employment, excluding adjustments for seasonal patterns. It offers a more unvarnished picture of employment fluctuations compared to seasonally adjusted figures.
Methodology
The data is collected through surveys of business establishments.
Historical Context
This unadjusted metric is useful for analyzing underlying labor market conditions and complementing seasonally adjusted statistics.
Key Facts
- Data is released monthly by the Federal Reserve Bank of Philadelphia.
- The series tracks changes in total non-farm employment, excluding seasonal factors.
- Unadjusted employment data can provide insights beyond seasonally adjusted figures.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' data series tracks monthly changes in total non-farm employment, without adjusting for typical seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: This unadjusted employment data offers a more raw, unfiltered view of labor market conditions, complementing seasonally adjusted statistics.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments.
Q: How is this trend used in economic policy?
A: Unadjusted employment data can provide additional insights to policymakers, economists, and market analysts beyond seasonally adjusted figures.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve Bank of Philadelphia with no significant update delays.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (NOCNNA156MNFRBPHI), retrieved from FRED.