Future New Orders; Percent Reporting No Change for Federal Reserve District 3: Philadelphia
NOFNSA156MSFRBPHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.70
Year-over-Year Change
-30.07%
Date Range
5/1/1968 - 8/1/2025
Summary
This economic trend measures the percentage of firms in the Philadelphia Federal Reserve District that report no change in new orders. It provides insight into the manufacturing sector's future activity and demand.
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 New Orders; Percent Reporting No Change for Federal Reserve District 3: Philadelphia' series tracks the proportion of firms in the Philadelphia region that indicate no change in new orders, offering a forward-looking perspective on manufacturing sector performance.
Methodology
The data is collected through the Philadelphia Fed's monthly Business Outlook Survey.
Historical Context
This metric is used by economists and policymakers to assess the state of regional manufacturing and anticipate future economic conditions.
Key Facts
- The series dates back to 1968.
- It is reported monthly by the Philadelphia Federal Reserve.
- The series measures the percentage of firms reporting no change in new orders.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of firms in the Philadelphia Federal Reserve District that report no change in new orders, providing insight into future manufacturing activity and demand.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for economists and policymakers as it offers a forward-looking perspective on the state of regional manufacturing, which can inform assessments of future economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Philadelphia Fed's monthly Business Outlook Survey.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to gauge the performance and outlook of the manufacturing sector in the Philadelphia region, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is reported monthly by the Philadelphia Federal Reserve, with no significant update delays or limitations.
Related Trends
Manufacturers' New Orders: Durable Goods Excluding Transportation
ADXTNO
Manufacturers' New Orders: Manufacturing with Unfilled Orders
AMTUNO
Manufacturers' New Orders: Communications Equipment, Nondefense
A34DNO
Manufacturers' New Orders: Primary Metals
A31SNO
Manufacturers' New Orders: Photographic Equipment Manufacturing
A33GNO
Manufacturers' New Orders: Electrical Equipment Manufacturing
A35CNO
Citation
U.S. Federal Reserve, Future New Orders; Percent Reporting No Change for Federal Reserve District 3: Philadelphia (NOFNSA156MSFRBPHI), retrieved from FRED.