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 ?
At the same time, industrial production is going sideways, and the Philadelphia Fed index of general business activity in the mid-Atlantic region more than halved in August from July, to just a 9.
Similarly, the latest Philadelphia Fed index much stronger than expected with an increase to 19.
The decline in the Philadelphia Fed index was more muted, however, and there was a modest increase in the Markit flash PMI.
Philadelphia Fed Index which suggests a significant MoM contraction in business conditions for August.
Trader confidence was knocked after a key economic indicator in the United States, the Philadelphia Fed Index, which measures changes in business growth, gave a weaker-than-expected reading for May.
Even so, the Philadelphia Fed index was up from last month's dismal reading of minus 24.
Shuichi Kanehira, senior vice president of Mizuho Corporate Bank's forex division, said the Philadelphia Fed index made investors ''conscious again about a U.
The studies suggest that regional manufacturing surveys also contain some information about national manufacturing activity, but not any more than the broader-based ISM survey: Levy and Kretzmer found that the Philadelphia Fed index and Chicago Purchasing Managers indexes were highly correlated with year-over-year changes in U.
In contrast, the Philadelphia Fed index was sharply weaker than expected at -5.
4% increase in December and the Philadelphia Fed Index advanced to 17.
economic figures slated for later Thursday include the Philadelphia Fed Index for October and the Conference Board index of leading indicators for September.
76mn the previous month whiles the Philadelphia Fed index increased to 8.
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