Current New Orders; Percent Reporting No Change for Federal Reserve District 3: Philadelphia
NOCNSA156MSFRBPHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.90
Year-over-Year Change
-45.33%
Date Range
5/1/1968 - 8/1/2025
Summary
The 'Current New Orders; Percent Reporting No Change for Federal Reserve District 3: Philadelphia' series measures the percentage of businesses in the Philadelphia Federal Reserve District that report no change in new orders for the current period.
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
This indicator is used to assess the level of economic activity and demand in the Philadelphia region. It provides insight into the state of business conditions and can be used to evaluate regional economic trends.
Methodology
The data is collected through a monthly business survey conducted by the Federal Reserve Bank of Philadelphia.
Historical Context
Policymakers and economists monitor this metric to understand current conditions and forecast economic activity.
Key Facts
- Measures the percentage of businesses reporting no change in new orders.
- Covers the Philadelphia Federal Reserve District region.
- Provides insight into the state of regional economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of businesses in the Philadelphia Federal Reserve District that report no change in current new orders.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the state of business conditions and economic activity in the Philadelphia region, which is useful for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through a monthly business survey conducted by the Federal Reserve Bank of Philadelphia.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this metric to understand current conditions and forecast economic activity in the Philadelphia region.
Q: Are there update delays or limitations?
A: The data is released monthly, with typical delays of a few weeks.
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Citation
U.S. Federal Reserve, Current New Orders; Percent Reporting No Change for Federal Reserve District 3: Philadelphia (NOCNSA156MSFRBPHI), retrieved from FRED.