February 2023 Manufacturing Business Outlook Survey - Summary of Returns
Summary of Returns February 2023 February vs. January Six Months from Now vs. February Prev. Prev. Diff. Inc. No ch. Dec. Diff. Diff. Inc. No ch. Dec. Diff. Index Index Index Index General Business -8.9 6.7 57.0 31.0 -24.3 4.9 28.5 39.1 26.8 1.7 Conditions New Orders -10.9 21.7 41.2 35.3 -13.6 2.4 33.0 42.1 23.9 9.2 Shipments 11.1 26.6 53.4 17.9 8.7 9.1 26.8 47.3 22.3 4.6 Unfilled Orders -19.2 16.6 47.4 33.6 -17.0 -0.6 10.1 64.2 22.5 -12.4 Delivery Times -5.6 11.9 59.6 25.5 -13.6 -9.1 3.3 69.4 27.3 -24.0 Inventories 0.9 20.2 69.0 4.9 15.3 -3.2 18.6 56.7 23.4 -4.9 Prices Paid 24.5 34.2 55.3 7.7 26.5 25.7 37.0 43.9 19.1 17.9 Prices Received 29.9 23.7 64.6 8.8 14.9 21.3 37.8 43.5 18.7 19.1 Number of Emp. 10.9 20.5 61.0 15.4 5.1 -1.9 20.4 67.4 12.3 8.1 Avg. Emp. Wrkwk. 4.0 18.2 59.5 21.3 -3.2 -6.9 15.8 65.5 17.9 -2.1 Capital Ex. -- -- -- -- -- 10.5 18.8 67.2 11.3 7.5 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 February 13, 2023. Federal Reserve Bank of Philadelphia Manufacturing Business Outlook Survey Released: February 16, 2023, at 8:30 a.m. ET.
February 2023 Release
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