Results
Federal Reserve Bank of Philadelphia
08/21/2025 | Press release | Distributed by Public on 08/21/2025 07:23
August 2025 Manufacturing Business Outlook Survey - Summary of Returns
Summary of Returns August 2025 August vs. July Six Months from Now vs. August Prev. Prev. Diff. Inc. No ch. Dec. Diff. Diff. Inc. No ch. Dec. Diff. Index Index Index Index General Business 15.9 29.9 35.8 30.2 -0.3 21.5 40.5 36.0 15.5 25.0 Conditions New Orders 18.4 34.2 26.9 36.2 -1.9 30.0 59.3 20.7 20.0 39.2 Shipments 23.7 28.9 46.7 24.4 4.5 23.6 58.6 20.1 18.3 40.3 Unfilled Orders 5.7 10.8 57.0 27.7 -16.8 18.4 24.5 55.9 16.8 7.7 Delivery Times -4.7 12.9 68.8 18.3 -5.4 10.4 15.6 71.2 11.0 4.5 Inventories -1.3 15.7 58.9 21.8 -6.2 10.7 13.9 57.4 28.2 -14.3 Prices Paid 58.8 66.8 33.2 0.0 66.8 75.3 68.4 30.9 0.0 68.4 Prices Received 34.8 36.1 63.9 0.0 36.1 59.4 49.7 46.0 1.2 48.5 Number of Emp. 10.3 15.8 74.3 9.9 5.9 20.1 27.6 55.7 14.9 12.7 Avg. Emp. Wrkwk. 0.4 14.2 76.3 9.5 4.7 12.4 11.1 81.6 6.9 4.3 Capital Ex. -- -- -- -- -- 17.1 45.0 48.3 6.6 38.4 Notes: (1) Diffusion indexes represent the percentage of respondents indicating an increase minus the percentage indicating a decrease. (2) All data are seasonally adjusted. (3) Percentages may not sum to 100 because of rounding, omission by respondents, or both. (4) Survey results reflect data received through August 18, 2025. Federal Reserve Bank of Philadelphia Manufacturing Business Outlook Survey Released: August 21, 2025, at 8:30 a.m. ET.
August 2025 Release
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