The Philadelphia Fed Index, also known as the Business Outlook Survey, is a survey produced by the Federal Reserve Bank of Philadelphia which questions manufacturers on general business conditions. The index covers the Philadelphia, New Jersey, and Delaware region. Higher survey figures suggest higher production, which contribute to economic growth. Results are calculated as the difference between percentage scores with zero acting as the centerline point. As such, values greater than zero indicate growth, while values less than zero indicate contraction.
The Philadelphia Index is conducted monthly by the Federal Reserve Bank of Philadelphia and questions voluntary participants on things such as unemployment, new orders, shipments, inventories, and prices paid. The report is released on the third Thursday of every month, making it the earliest such regional report which is released to investors.
すみません。一箇所訂正お願いします。毎週第3火曜日→毎週第3木曜日。よろしくお願いします。