Current Prices Paid; Percent of Respondents Reporting Increases for Federal Reserve District 3: Philadelphia
PPBNINC156MSFRBPHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.10
Year-over-Year Change
9.69%
Date Range
3/1/2011 - 7/1/2025
Summary
The 'Current Prices Paid; Percent of Respondents Reporting Increases for Federal Reserve District 3: Philadelphia' trend measures the percentage of survey respondents in the Philadelphia Federal Reserve District who report increases in current prices paid.
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 economic indicator provides insight into inflationary pressures and price trends in the Philadelphia region. It is used by economists and policymakers to assess regional economic conditions and guide monetary policy decisions.
Methodology
The data is collected through the Federal Reserve Bank of Philadelphia's monthly Business Outlook Survey.
Historical Context
This indicator is closely watched as a leading signal of broader price dynamics and potential changes in the Federal Reserve's monetary policy stance.
Key Facts
- The data is released monthly by the Federal Reserve Bank of Philadelphia.
- The indicator tracks price changes reported by regional business leaders.
- The Philadelphia region is one of 12 Federal Reserve districts in the U.S.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of survey respondents in the Philadelphia Federal Reserve District who report increases in current prices paid.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures and price trends in the Philadelphia region, which is used by economists and policymakers to assess regional economic conditions and guide monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Federal Reserve Bank of Philadelphia's monthly Business Outlook Survey.
Q: How is this trend used in economic policy?
A: This indicator is closely watched as a leading signal of broader price dynamics and potential changes in the Federal Reserve's monetary policy stance.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve Bank of Philadelphia with no significant delays or limitations.
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Citation
U.S. Federal Reserve, Current Prices Paid; Percent of Respondents Reporting Increases for Federal Reserve District 3: Philadelphia (PPBNINC156MSFRBPHI), retrieved from FRED.