Federal Reserve Bank of Philadelphia announced the Philadelphia Fed Manufacturing Price Index for May on 2025-05-15. The reported figure stands at 59.8, with the prior figure recorded as 51.
Regarding the Philadelphia Fed Manufacturing Price Index for May, Actual value > Expected value = Positive for the US dollar, Every month, respondents are asked to evaluate the manufacturing environment and business operating conditions. As a leading indicator of economic health, businesses respond quickly to changes in market conditions, and shifts in manufacturing confidence are an early signal of future economic activity.
This data holds an importance level of , calculated using Index of Prices Paid Based on the Philadelphia Fed Manufacturing Survey, and updates Monthly.
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