Source: Federal Reserve Bank of Philadelphia
Release: Manufacturing Business Outlook Survey
Current New Orders reports the change in new orders compared to the previous month for reporting manufacturing firms. The diffusion index is calculated by taking the percent reporting increases and subtracting the percentage reporting decreases. For more information about this release from the Federal Reserve Bank of Philadelphia, visit: http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/ .
Federal Reserve Bank of Philadelphia, Current New Orders; Diffusion Index for Federal Reserve District 3: Philadelphia [NOCDFSA066MSFRBPHI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/NOCDFSA066MSFRBPHI, March 28, 2023.