Regional business survey · United States

United States Philly Fed Business Conditions

The United States Philly Fed Business Conditions is a monthly survey of businesses in one region of the United States run by a regional Federal Reserve bank (or, for Chicago, a purchasing managers' group).

Importancia
Medium
Publicado
Monthly
Próxima publicación
Divisa
USD · US dollar
Banco central
The Federal Reserve
Mueve
AUDUSD · EURUSD · GAUUSD · GBPUSD · NZDUSD · USDCAD · USDCHF · USDCNH

Últimas cifras

El último dato, de OCT, se publicó el 2026-10-15 y fue 33.0. Es menos que 52.9 la vez anterior.

En las últimas 12 publicaciones osciló entre 25.5 y 73.6, con una media de 44.8. Ha bajado tres publicaciones seguidas.

Nov 2025: 49.6Dec 2025: 41.6Jan 2026: 25.5Feb 2026: 42.8Mar 2026: 40.0Apr 2026: 40.8May 2026: 53.2Jun 2026: 50.2Jul 2026: 34.4Aug 2026: 73.6Sep 2026: 52.9Oct 2026: 33.0 Nov 2025Oct 2026
Resultados reales; la línea corta sobre una barra marca el consenso.
PublicadoParaRealConsensoAnterior
15 Oct 2026OCT33.0–52.9
17 Sep 2026SEP52.9–73.6
20 Aug 2026AUG73.6–34.4
16 Jul 2026JUL34.4–50.2
18 Jun 2026JUN50.2–53.2
21 May 2026MAY53.2–40.8
16 Apr 2026APR40.8–40.0
19 Mar 2026MAR40.0–42.8
19 Feb 2026FEB42.8–25.5
15 Jan 2026JAN25.5–38.1 ®
18 Dec 2025DEC41.6–49.6
20 Nov 2025NOV49.6–36.2

Verlo en el calendario económico →

Por qué importa

These surveys come out before the national ISM and PMI, so traders use them as early clues to the month. The New York (Empire State) and Philadelphia surveys, released mid-month, get the most attention; components such as prices paid and new orders give early signals on inflation and demand.

Cómo se calcula

Firms report whether conditions improved or worsened; the index is the percentage reporting increases minus the percentage reporting decreases. Zero is the dividing line (except the Chicago PMI, where it is 50).

Index = % reporting increase − % reporting decrease

Qué significan los cambios

  • Readings swing widely month to month; several surveys moving together are more meaningful.
  • Expectations six months ahead show how confident firms feel.

Mayor de lo esperado: A stronger figure than expected points to a healthier economy: it usually supports the US dollar and local stocks, and can push bond yields up.

Menor de lo esperado: A weaker figure than expected points to slowing activity: the US dollar tends to soften and markets price in lower rates.

Una breve historia

The Philadelphia Fed's Manufacturing Business Outlook Survey began in 1968, the Empire State survey in 2001; the other regional banks added theirs over the following decades.

Preguntas

What is the United States Philly Fed Business Conditions?

The United States Philly Fed Business Conditions is a monthly survey of businesses in one region of the United States run by a regional Federal Reserve bank (or, for Chicago, a purchasing managers' group).

What was the latest United States Philly Fed Business Conditions?

33.0 for OCT, published on 15 October 2026.

When is the next United States Philly Fed Business Conditions?

On Thursday 19 November 2026 at 13:30 UTC.

Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.