Future Unfilled Orders; Percent Reporting Increases for Federal Reserve District 3: Philadelphia

UOFINA156MNFRBPHI • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

19.20

Year-over-Year Change

118.18%

Date Range

5/1/1968 - 8/1/2025

Summary

The 'Future Unfilled Orders; Percent Reporting Increases for Federal Reserve District 3: Philadelphia' trend measures the percentage of manufacturing firms in the Philadelphia region that expect their unfilled orders to increase in the near future. This metric provides insight into future production and demand in the regional economy.

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 regional Federal Reserve survey tracks the future outlook for unfilled orders, which indicates expectations for future production, sales, and business conditions. The trend serves as an important leading indicator for the regional manufacturing sector and broader economic activity.

Methodology

The data is collected through the monthly Business Outlook Survey conducted by the Federal Reserve Bank of Philadelphia.

Historical Context

Policymakers and analysts use this metric to anticipate near-term changes in regional manufacturing and economic performance.

Key Facts

  • The survey has been conducted monthly since 1968.
  • Readings above 50% indicate a net increase in expected unfilled orders.
  • The Philadelphia region is one of the top manufacturing hubs in the U.S.

FAQs

Q: What does this economic trend measure?

A: This trend measures the percentage of manufacturing firms in the Federal Reserve's Philadelphia district that expect their unfilled orders to increase in the future.

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

A: This metric serves as a leading indicator for regional manufacturing activity and broader economic conditions, providing insight into near-term production and demand expectations.

Q: How is this data collected or calculated?

A: The data is collected through the monthly Business Outlook Survey conducted by the Federal Reserve Bank of Philadelphia.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to anticipate changes in regional manufacturing and economic performance, informing decisions around monetary policy and economic forecasting.

Q: Are there update delays or limitations?

A: The data is released monthly with no significant update delays, providing timely insight into manufacturing sector conditions.

Related Trends

Citation

U.S. Federal Reserve, Future Unfilled Orders; Percent Reporting Increases for Federal Reserve District 3: Philadelphia (UOFINA156MNFRBPHI), retrieved from FRED.