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MEDIUM IMPACTUSDUS· Period: Sep 2026

Philadelphia Fed Manufacturing Survey

Thursday, September 17, 2026 at 12:30 PMUTC

US Philadelphia Fed Manufacturing Survey for Sep 2026 came in at 37.8, vs 26.7 previously. Released by Philadelphia Fed, this is one of the macro indicators traders watch most closely.

  • Country: US
  • Source: Philadelphia Fed
  • Market impact: MEDIUM IMPACT
  • Reference period: Sep 2026

Previous

26.7

Forecast

EST.

42.28

Actual

37.8

Recent history

Last 60 observations from FRED.

About this release

US Philadelphia Fed Manufacturing Survey is published by Philadelphia Fed. Use the chart above for medium-term context and the source link below to read the official release in full.

View official release

Frequently asked questions

What is Philadelphia Fed Manufacturing Survey?+

Philadelphia Fed Manufacturing Survey is an economic indicator published by Philadelphia Fed. It's one of the macro releases traders watch to gauge the underlying state of the economy and adjust positioning ahead of central-bank decisions.

How often is Philadelphia Fed Manufacturing Survey released?+

Philadelphia Fed Manufacturing Survey follows a regular release calendar — the issuing agency announces every date in advance. Use the calendar to see every upcoming release date.

Why does Philadelphia Fed Manufacturing Survey move US markets?+

Surprises versus expectations move FX and rate markets fastest: a hotter print pulls forward central-bank tightening expectations and tends to support the currency, while a cooler print does the opposite. Bond yields and equities react too, often with a delay.

Where can I find the full Philadelphia Fed Manufacturing Survey report?+

We link to the official release page in the source button above. The agency's site has the full press release, methodology notes, and downloadable historical data.

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