Philadelphia Federal Index

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Philadelphia Federal Index

An index composed of surveys of the perception of business owners on the expansion of their businesses. The Philadelphia Federal Index surveys business owners in Delaware, New Jersey, and Pennsylvania; its results are published monthly. A measure over zero indicates business expansion and a measure below zero indicates contraction.
References in periodicals archive ?
First we look at three measures of short-term inflation expectations--the median expectation from the monthly University of Michigan Survey of Consumers (UM Survey) and the median CPI and core CPI expectations from the quarterly Philadelphia Fed Survey of Professional Forecasters (SPF).
In the US, the Philadelphia Fed survey tomorrow, and the University of Michigan consumer confidence survey on Friday, will be watched closely for an indication as to when the Fed's tapering of asset purchases is likely to begin.
The July Philadelphia Fed survey of manufacturers is due on Thursday.
The Philadelphia Fed survey for June showed that business sentiment for the US economy has worsened (16.
In addition, data is due on leading economic indicators for June and the Philadelphia Fed survey of manufacturing activity in the Mid-Atlantic region.
The Empire State Manufacturing Survey and the Philadelphia Fed survey reports were disappointing as well.
economy after the dollar's fall following the very weak Philadelphia Fed survey last week,'' Tanaka said.
We also find that the Richmond Manufacturing Survey--alone and when used in conjunction with the Philadelphia Fed Survey of Business Conditions--is highly correlated with the ISM.
Looking ahead, June housing starts and the July Philadelphia Fed Survey will be released tomorrow.
A batch of US economic figures are set for release today including initial and continuing jobless claims, existing home sales and the General Business Conditions Index from the Philadelphia Fed Survey.
economic outlook after the dollar's fall following the very weak Philadelphia Fed survey last week.
Thursday: September Consumer Price Index (CPI), October Philadelphia Fed survey, weekly initial jobless claims, weekly natural gas inventories
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