Future General Activity, Perceptions of Respondents for the Region; Diffusion Index for Federal Reserve District 3: Philadelphia
GARFBNDIF066MSFRBPHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.30
Year-over-Year Change
-120.00%
Date Range
3/1/2011 - 8/1/2025
Summary
This diffusion index tracks perceptions of general business activity among survey respondents in the Philadelphia Federal Reserve District. It provides an early indicator of economic conditions and trends in the region.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Future General Activity, Perceptions of Respondents for the Region; Diffusion Index for Federal Reserve District 3: Philadelphia measures the net percentage of survey respondents who expect general business conditions to improve in the coming months. It is a leading indicator used to gauge the economic outlook in the Philadelphia region.
Methodology
The data is collected through a monthly survey of businesses in the Philadelphia Fed's district.
Historical Context
This index is closely watched by policymakers, economists, and market analysts to assess the regional economic outlook.
Key Facts
- The index ranges from 0 to 100, with values above 50 indicating optimism.
- It is released monthly, usually on the third Thursday of the month.
- The index has been published since 1968.
FAQs
Q: What does this economic trend measure?
A: This index measures the net percentage of survey respondents in the Philadelphia Federal Reserve District who expect general business conditions to improve in the coming months.
Q: Why is this trend relevant for users or analysts?
A: The Future General Activity Index is an important leading indicator that provides insights into the economic outlook for the Philadelphia region. It is closely watched by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses in the Philadelphia Fed's district.
Q: How is this trend used in economic policy?
A: This index is used by the Federal Reserve and other policymakers to assess regional economic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly, usually on the third Thursday of the month, with no significant update delays.
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Citation
U.S. Federal Reserve, Future General Activity, Perceptions of Respondents for the Region; Diffusion Index for Federal Reserve District 3: Philadelphia (GARFBNDIF066MSFRBPHI), retrieved from FRED.