Current Inventories; Percent of Respondents Reporting Decreases for Federal Reserve District 3: Philadelphia
IVBNDEC156MSFRBPHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.50
Year-over-Year Change
59.57%
Date Range
3/1/2011 - 8/1/2025
Summary
This economic trend measures the percentage of survey respondents in the Philadelphia Federal Reserve District who report decreases in current inventories. It provides insight into regional manufacturing activity and supply chain dynamics.
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 Current Inventories survey tracks the share of manufacturers in the Philadelphia Fed's district who report lower inventory levels in the current period compared to the previous month. This serves as an indicator of production and demand trends within the regional economy.
Methodology
The data is collected through the Philadelphia Fed's monthly Business Outlook Survey of manufacturers.
Historical Context
This inventory metric is used by policymakers and analysts to gauge inflationary pressures and assess the health of the manufacturing sector.
Key Facts
- The survey has been conducted monthly since 1968.
- Decreasing inventories may signal production cutbacks or rising demand.
- The Philadelphia Fed district covers eastern Pennsylvania, southern New Jersey, and Delaware.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of manufacturing firms in the Philadelphia Federal Reserve District that report decreases in their current inventory levels.
Q: Why is this trend relevant for users or analysts?
A: This inventory metric provides insights into regional manufacturing activity, supply chain dynamics, and potential inflationary pressures within the Philadelphia Fed's district.
Q: How is this data collected or calculated?
A: The data is collected through the Philadelphia Fed's monthly Business Outlook Survey of regional manufacturers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this inventory indicator to assess the health of the manufacturing sector and gauge broader economic conditions within the Philadelphia Fed's district.
Q: Are there update delays or limitations?
A: The data is released monthly with no significant update delays, providing timely insight into regional manufacturing trends.
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Citation
U.S. Federal Reserve, Current Inventories; Percent of Respondents Reporting Decreases for Federal Reserve District 3: Philadelphia (IVBNDEC156MSFRBPHI), retrieved from FRED.