Economy

Philadelphia manufacturing was 37.8 for September 2026. It was released on 09/17. That is 9.6 below the prior reading of 47.4. A year earlier (September 2025) it was 19.5.

Philadelphia manufacturing

−9.6 pt−20.3%

The Philadelphia Fed's survey of manufacturers in its district. Above zero means more firms reported rising activity than falling. It is published around the third Thursday of each month.

Latest
37.8
Sep data, released 09/17
Change
−9.6 pt
Before 47.4
A year earlier
19.5
Sep 2025+18.3 pt+93.8%
12-month range
−10.1 ~ 47.4

History

Philadelphia manufacturing over time
Philadelphia manufacturing over time
DayPhiladelphia manufacturingMarks
Oct 202121.5Oct 2021 data, released 21/10/21
Nov 202144.0Nov 2021 data, released 21/11/18
Dec 202117.1Dec 2021 data, released 21/12/16
Jan 202218.3Jan 2022 data, released 22/01/20
Feb 202215.9Feb 2022 data, released 22/02/17
Mar 202220.8Mar 2022 data, released 22/03/17
Apr 202216.8Apr 2022 data, released 22/04/21
May 20224.7May 2022 data, released 22/05/19
Jun 2022−1.9Jun 2022 data, released 22/06/16
Jul 2022−8.1Jul 2022 data, released 22/07/21
Aug 20224.1Aug 2022 data, released 22/08/18
Sep 2022−8.3Sep 2022 data, released 22/09/15
Oct 2022−11.5Oct 2022 data, released 22/10/20
Nov 2022−13.4Nov 2022 data, released 22/11/27
Dec 2022−11.4Dec 2022 data, released 22/12/15
Jan 2023−12.4Jan 2023 data, released 23/01/19
Feb 2023−22.2Feb 2023 data, released 23/02/16
Mar 2023−25.0Mar 2023 data, released 23/03/16
Apr 2023−25.5Apr 2023 data, released 23/04/20
May 2023−8.1May 2023 data, released 23/05/18
Jun 2023−12.1Jun 2023 data, released 23/06/15
Jul 2023−16.1Jul 2023 data, released 23/07/20
Aug 202310.5Aug 2023 data, released 23/08/17
Sep 2023−15.2Sep 2023 data, released 23/09/21
Oct 2023−14.6Oct 2023 data, released 23/10/19
Nov 2023−3.9Nov 2023 data, released 23/11/16
Dec 2023−7.2Dec 2023 data, released 23/12/21
Jan 2024−14.7Jan 2024 data, released 24/01/18
Feb 2024−1.0Feb 2024 data, released 24/02/15
Mar 20241.8Mar 2024 data, released 24/03/21
Apr 202417.6Apr 2024 data, released 24/04/18
May 20247.5May 2024 data, released 24/05/16
Jun 20242.9Jun 2024 data, released 24/06/20
Jul 20249.9Jul 2024 data, released 24/07/18
Aug 2024−3.0Aug 2024 data, released 24/08/15
Sep 2024−1.6Sep 2024 data, released 24/09/19
Oct 20247.6Oct 2024 data, released 24/10/17
Nov 2024−1.5Nov 2024 data, released 24/11/21
Dec 2024−9.6Dec 2024 data, released 24/12/19
Jan 202532.9Jan 2025 data, released 25/01/16
Feb 202513.4Feb 2025 data, released 25/02/20
Mar 202510.2Mar 2025 data, released 25/03/20
Apr 2025−12.9Apr 2025 data, released 25/04/17
May 2025−0.7May 2025 data, released 25/05/15
Jun 2025−1.4Jun 2025 data, released 25/06/20
Jul 202511.4Jul 2025 data, released 25/07/17
Aug 20250.7Aug 2025 data, released 25/08/21
Sep 202519.5Sep 2025 data, released 25/09/18
Oct 2025−10.1Oct 2025 data, released 25/10/16
Nov 20250.6Nov 2025 data, released 25/11/20
Dec 2025−8.8Dec 2025 data, released 25/12/18
Jan12.6Jan data, released 01/15
Feb16.3Feb data, released 02/19
Mar18.1Mar data, released 03/19
Apr26.7Apr data, released 04/16
May−0.4May data, released 05/21
Jun10.3Jun data, released 06/18
Jul41.4Jul data, released 07/16
Aug47.4Aug data, released 08/20
Sep37.8Sep data, released 09/17
Next release10/15 (Thu) · D-15

Release history

PriorRevision
09/17Sep37.847.4−9.6 pt
08/20Aug47.441.4+6.0 pt
07/16Jul41.410.3+31.1 pt
06/18Jun10.3−0.4+10.7 pt
05/21May−0.426.7−27.1 pt
04/16Apr26.718.1+8.6 pt
03/19Mar18.116.3+1.8 pt
02/19Feb16.312.6+3.7 pt
01/15Jan12.6−8.8+21.4 ptwas −10.2
25/12/18Dec 2025−10.2−1.7−8.5 pt
25/11/20Nov 2025−1.7−12.8+11.1 pt
25/10/16Oct 2025−12.823.2−36.0 pt
25/09/18Sep 202523.2−0.3+23.5 pt
25/08/21Aug 2025−0.315.9−16.2 pt
25/07/17Jul 202515.9−4.0+19.9 pt
25/06/20Jun 2025−4.0−4.00.0 pt
25/05/15May 2025−4.0−26.4+22.4 pt
25/04/17Apr 2025−26.412.5−38.9 pt
25/03/20Mar 202512.518.1−5.6 pt
25/02/20Feb 202518.144.3−26.2 pt

Markets on release days

Release day2-year yieldSPY
09/17−7bp+0.8%
08/200bp−0.9%
07/16+3bp−0.6%
06/18−1bp+0.6%
05/21+4bp+0.6%
04/16+2bp+0.3%
03/19+3bp+0.1%
02/190bp−0.2%
01/15+5bp+0.4%
01/08+2bp+0.1%
25/12/18−3bp+0.5%
25/11/20−3bp−2.1%
25/10/16−9bp−0.8%
25/09/18+5bp+0.4%
25/08/21+5bp−0.3%
25/07/17+3bp+0.7%
25/06/20−4bp−0.5%
25/05/15−9bp+0.6%
25/04/17+4bp+0.6%
25/03/20−4bp−0.4%

The same day's moves, not the release's effect. The 2-year yield in basis points; SPY from the day's close.