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FedFederal Reserve Bank of PhiladelphiaMonthly

Philadelphia Fed manufacturing survey

A monthly survey of manufacturers in eastern Pennsylvania, southern New Jersey and Delaware by the Federal Reserve Bank of Philadelphia. The headline index is the share of firms reporting higher activity minus the share reporting lower; above zero points to growth.

Next release

Thursday, October 15, 2026

8:30 AM ET· covers Oct 2026Est.

This date follows the publisher’s usual schedule and hasn’t been confirmed yet.

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Why it matters for your money

Along with the New York Fed’s survey, it gives an early read on factories each month, before national manufacturing data come out.

The latest numbers

Sep 2026 data · released Thu, Sep 17

Philadelphia Fed current general activity index
37.8Aug 2026: 47.4
Philadelphia Fed current general activity index, last 24 months

View the data as a table
Philadelphia Fed current general activity index, last 24 months
PeriodValue
Sep 202637.8
Aug 202647.4
Jul 202641.4
Jun 202610.3
May 2026−0.4
Apr 202626.7
Mar 202618.1
Feb 202616.3
Jan 202612.6
Dec 2025−8.8
Nov 20250.6
Oct 2025−10.1
Sep 202519.5
Aug 20250.7
Jul 202511.4
Jun 2025−1.4
May 2025−0.7
Apr 2025−12.9
Mar 202510.2
Feb 202513.4
Jan 202532.9
Dec 2024−9.6
Nov 2024−1.5
Oct 20247.6

Source: Federal Reserve Bank of Philadelphia, via FRED (Federal Reserve Bank of St. Louis). Revised figures replace earlier ones.Full release

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