Philadelphia Fed manufacturing index slows to 20.9 in October
The Philadelphia Fed’s regional survey put general activity at 20.9, with new orders at 4.3 and shipments at 15.3.
Event / data period: 2026-10
Published: · Updated:

The Philadelphia Fed’s October Manufacturing Business Outlook Survey put the Third District’s general activity index at 20.9, down from 37.8 in September. The new orders index fell to 4.3 and shipments to 15.3.
Responses were collected October 5–12. Diffusion indexes are the share reporting increases minus the share reporting decreases; these readings are neither output growth rates nor national estimates.
Data
Philadelphia Fed manufacturing index slows to 20.9 in October
The Philadelphia Fed’s regional survey put general activity at 20.9, with new orders at 4.3 and shipments at 15.3.
- · Occurred
Philadelphia Fed manufacturing index slows to 20.9 in October
The Philadelphia Fed’s regional survey put general activity at 20.9, with new orders at 4.3 and shipments at 15.3.
Methodology
The Philadelphia Fed surveys manufacturers in the Third District, not the whole United States. Readings are seasonally adjusted diffusion indexes (increase share minus decrease share).
Updated:
Source indicators
Values and measurement bases reported in the official source.
| General business activity | 20.9 |
| New orders | 4.3 |
| Shipments | 15.3 |
| Prices paid | 43.2 |
| Prices received | 40.1 |
Methodology
The Philadelphia Fed surveys manufacturers in the Third District, not the whole United States. Readings are seasonally adjusted diffusion indexes (increase share minus decrease share).
Updated:
Subjects and places
Subject proposals
- EconomySuggested
- Preserved editorial category/topic; broad candidate onlywww.philadelphiafed.org ↗
Geographic references
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- United States · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
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