August 2023 Manufacturing Business Outlook Survey - Summary of Returns
Summary of Returns August 2023 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 -13.5 24.8 58.4 12.8 12.0 29.1 26.7 47.2 22.8 3.9 Conditions New Orders -15.9 26.3 62.2 10.4 16.0 38.2 37.9 42.4 19.7 18.2 Shipments -12.5 19.4 66.9 13.7 5.7 37.3 37.4 40.1 22.5 14.9 Unfilled Orders -15.1 20.7 53.8 25.5 -4.8 9.2 20.3 62.9 16.5 3.8 Delivery Times -12.9 5.2 81.6 12.3 -7.0 -2.9 5.5 76.8 16.7 -11.3 Inventories -1.0 8.9 68.9 19.1 -10.2 -5.5 10.4 66.6 17.7 -7.3 Prices Paid 9.5 26.9 65.9 6.1 20.8 33.8 53.4 46.1 0.3 53.0 Prices Received 23.0 27.1 58.8 13.0 14.1 20.8 45.5 45.4 4.9 40.6 Number of Emp. -1.0 12.2 69.5 18.3 -6.0 21.3 22.2 67.6 10.2 12.0 Avg. Emp. Wrkwk. -3.0 15.4 75.3 9.1 6.3 16.5 17.9 72.5 9.6 8.3 Capital Ex. -- -- -- -- -- 8.6 11.1 73.2 15.6 -4.5 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 August 14, 2023. Federal Reserve Bank of Philadelphia Manufacturing Business Outlook Survey Released: August 17, 2023, at 8:30 a.m. ET.
August 2023 Release
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