Current Prices Received; Percent of Respondents Reporting No Change for Federal Reserve District 3: Philadelphia

PRBNNC156MSFRBPHI • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

51.60

Year-over-Year Change

-15.82%

Date Range

3/1/2011 - 8/1/2025

Summary

This economic indicator tracks the percentage of respondents in Federal Reserve District 3 (Philadelphia) who report no change in current prices received. It provides insight into producer price trends and business sentiment.

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 Current Prices Received survey is part of the Philadelphia Fed's Business Outlook Survey, which measures activity in the manufacturing sector. This metric specifically captures the share of firms that indicate no change in their current selling prices, offering a real-time signal of producer price pressures.

Methodology

The data is collected through a monthly survey of manufacturers in the Philadelphia Fed's district.

Historical Context

Policymakers and economists use this indicator to assess inflationary pressures and production conditions.

Key Facts

  • The series has been tracked since 1968.
  • The Philadelphia Fed district covers eastern Pennsylvania, southern New Jersey, and Delaware.
  • Readings near 50% indicate stable producer prices.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the percentage of manufacturing firms in the Philadelphia Fed's district that report no change in their current selling prices.

Q: Why is this trend relevant for users or analysts?

A: The Current Prices Received metric provides a real-time gauge of producer price pressures, which is useful for assessing inflationary trends and the overall state of the manufacturing sector.

Q: How is this data collected or calculated?

A: The data is collected through a monthly survey of manufacturers in the Philadelphia Fed's district.

Q: How is this trend used in economic policy?

A: Policymakers and economists monitor this indicator to evaluate producer price dynamics and inform decisions around monetary policy and economic forecasting.

Q: Are there update delays or limitations?

A: The data is released monthly with no significant update delays. However, it only represents the manufacturing sector in the Philadelphia Fed's regional district.

Related Trends

Citation

U.S. Federal Reserve, Current Prices Received; Percent of Respondents Reporting No Change for Federal Reserve District 3: Philadelphia (PRBNNC156MSFRBPHI), retrieved from FRED.