Current Unfilled Orders; Percent of Respondents Reporting No Change for Federal Reserve District 3: Philadelphia

UOBNNC156MSFRBPHI • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

26.00

Year-over-Year Change

-41.31%

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 no change in their current unfilled orders. It provides insights into the stability and dynamics of the regional manufacturing sector.

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 Unfilled Orders data tracks the share of manufacturers in the Philadelphia Fed's district that indicate no change in their current unfilled orders compared to the previous period. This metric offers timely insights into the demand and production conditions facing regional firms.

Methodology

The data is collected through the Philadelphia Fed's monthly Business Outlook Survey, which samples a panel of manufacturing establishments.

Historical Context

This indicator is used by economists and policymakers to assess the health and momentum of the manufacturing economy.

Key Facts

  • This metric tracks stability in unfilled orders for Philadelphia-area manufacturers.
  • The Philadelphia Fed district covers eastern Pennsylvania, southern New Jersey, and Delaware.
  • The Business Outlook Survey has run monthly since 1968.

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 no change in their current unfilled orders compared to the previous period.

Q: Why is this trend relevant for users or analysts?

A: This indicator provides timely insights into the demand and production conditions facing regional manufacturers, which is useful for economists and policymakers assessing the health of the manufacturing economy.

Q: How is this data collected or calculated?

A: The data is collected through the Philadelphia Fed's monthly Business Outlook Survey, which samples a panel of manufacturing establishments in the district.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this indicator to monitor the state of the manufacturing sector and assess regional economic conditions and momentum.

Q: Are there update delays or limitations?

A: The data is released monthly with a relatively short lag, making it a timely indicator of current manufacturing activity.

Related Trends

Citation

U.S. Federal Reserve, Current Unfilled Orders; Percent of Respondents Reporting No Change for Federal Reserve District 3: Philadelphia (UOBNNC156MSFRBPHI), retrieved from FRED.