Current Unfilled Orders; Percent Reporting No Change for Federal Reserve District 3: Philadelphia
Seasonally Adjusted
UOCNSA156MSFRBPHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.80
Year-over-Year Change
29.41%
Date Range
5/1/1968 - 7/1/2025
Summary
The Seasonally Adjusted trend measures the U.S. Unemployment rate in the Philadelphia metro area, adjusted for seasonal variation. This metric provides insight into underlying economic conditions and is closely watched by policymakers.
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 Seasonally Adjusted Unemployment Rate for the Philadelphia metro area removes regular seasonal fluctuations caused by factors like weather, holidays, and school schedules. This allows analysts to better identify and interpret fundamental shifts in the labor market.
Methodology
The data is collected through household surveys and adjusted using statistical models to account for predictable seasonal patterns.
Historical Context
The Seasonally Adjusted Unemployment Rate is a key input for the Federal Reserve and other policymakers when evaluating regional economic performance and considering adjustments to monetary policy.
Key Facts
- The Philadelphia metro area includes 5 counties in Pennsylvania and New Jersey.
- The Seasonally Adjusted rate removes fluctuations like the annual post-holiday retail job losses.
- This metric dates back to 1976 and is released monthly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Unemployment Rate measures the jobless rate in the Philadelphia metro area after accounting for predictable seasonal variations in employment.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a clearer picture of underlying labor market conditions, helping policymakers, businesses, and economists assess regional economic performance.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and adjusted using statistical models to account for regular seasonal patterns.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted Unemployment Rate for Philadelphia is a key input for the Federal Reserve and other policymakers when evaluating regional labor markets and considering adjustments to monetary policy.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve with minimal delays, providing timely insight into employment trends in the Philadelphia metro area.
Related Trends
Manufacturers' Unfilled Orders: Capital Goods
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Future Unfilled Orders; Percent Reporting Decreases for Federal Reserve District 3: Philadelphia
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Manufacturers' Unfilled Orders: Other Electronic Component Manufacturing
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Citation
U.S. Federal Reserve, Seasonally Adjusted (UOCNSA156MSFRBPHI), retrieved from FRED.