US Philly Fed Employment
The 'Philly Fed Employment' is a component of the Philadelphia Federal Reserve's Manufacturing Business Outlook Survey, which measures employment trends in the manufacturing sector within the Third Federal Reserve District. It provides insights into labor market conditions by assessing changes in employment levels, work hours, and hiring plans. This indicator is important because it helps gauge economic health and manufacturing activity, influencing monetary policy decisions and impacting financial markets by affecting investor expectations regarding economic growth and interest rates. A strong employment reading may signal economic expansion, while a weak reading could indicate potential economic slowdowns.Next Event
Apr 16, 2026
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0.8
Historical Data
Mar 19, 2026
0.8
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Feb 19, 2026
-1.3
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Jan 15, 2026
9.7
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Dec 18, 2025
12.9
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Nov 20, 2025
6
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Oct 16, 2025
4.6
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Sep 18, 2025
5.6
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Aug 21, 2025
5.9
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Jul 17, 2025
10.3
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Jun 20, 2025
-9.8
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Importance
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CurrencyUSD
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Other Indicators
+3.64%
+3.75%
+6.75%
+4.30%
+4.30%
+0.63%