Source: Federal Reserve Bank of Philadelphia
Release: Nonmanufacturing Business Outlook Survey
Current Unfilled Orders reports the change in unfilled orders compared to the previous month for reporting service 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 here.
Federal Reserve Bank of Philadelphia, Current Unfilled Orders; Diffusion Index for Federal Reserve District 3: Philadelphia [UOBNDIF066MSFRBPHI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/UOBNDIF066MSFRBPHI, March 30, 2023.