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US Philly Fed Manufacturing Index: next release date and history

What it measures

Mid-Atlantic factory conditions survey; 0 is the growth line.

Why traders watch it

Read with Empire State for an early guess at where ISM will land.

Usual market effect. Actual above forecast is typically good for the dollar.

Release details

Published by
Philadelphia Fed
Frequency
Monthly, ~3rd Thursday
Time zone
All release times shown in US Eastern (ET)
History held
25 releases, Nov 2024 – Oct 2026

Last 25 releases — actual vs forecast

25 releases · oldest → newest-26.4 … 47.4
ReleaseActualForecastPreviousRead
Oct 2026 2026-10-15 20.9 28.2 37.8 Bullish
Sep 2026 2026-09-17 37.8 31.3 47.4 Bearish
Aug 2026 2026-08-20 47.4 24.1 41.4 Bearish
Aug 2026 2026-08-19 47.4 24.1 41.4 Bearish
Jul 2026 2026-07-16 41.4 12.7 10.3 Bearish
Jun 2026 2026-06-18 10.3 9.8 -0.4 Bearish
May 2026 2026-05-21 -0.4 17.6 26.7 Bullish
Apr 2026 2026-04-16 26.7 10.3 18.1 Bearish
Mar 2026 2026-03-19 18.1 8.3 16.3 Bearish
Feb 2026 2026-02-19 16.3 7.5 12.6 Bearish
Jan 2026 2026-01-15 12.6 -1.6 -8.8 Bearish
Dec 2025 2025-12-18 -10.2 2.5 -1.7 Bullish
Nov 2025 2025-11-20 -1.7 1.0 -12.8 Bullish
Oct 2025 2025-10-16 -12.8 8.6 23.2 Bullish
Sep 2025 2025-09-18 23.2 1.7 -0.3 Bearish
Aug 2025 2025-08-21 -0.3 6.8 15.9 Bullish
Jul 2025 2025-07-17 15.9 -1.2 -4.0 Bearish
Jun 2025 2025-06-20 -4.0 -1.7 -4.0 Bullish
May 2025 2025-05-15 -4.0 -11.3 -26.4 Bearish
Apr 2025 2025-04-17 -26.4 2.2 12.5 Bullish
Mar 2025 2025-03-20 12.5 8.8 18.1 Bearish
Feb 2025 2025-02-20 18.1 19.4 44.3 Bullish
Jan 2025 2025-01-16 44.3 -5.0 -10.9 Bearish
Dec 2024 2024-12-19 -16.4 2.9 -5.5 Bullish
Nov 2024 2024-11-21 -5.5 7.4 10.3 Bullish

“Read” is Tape Desk's own bullish/bearish call on how the surprise usually lands for US stock indexes. It is a rule of thumb, not advice.

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