Observations

Dec 2025: 7.9

Updated: Dec 23, 2025 7:37 AM CST

Units:

Percent,

Seasonally Adjusted

Frequency:

Monthly

Notes

Title	Release Dates

Current Equipment and Software Capital Expenditures; Percent of Respondents Reporting Decreases for FRB - Philadelphia District	2019-09-24	2020-07-23
Current Equipment and Software Capital Expenditures; Percent of Respondents Reporting Decreases for Federal Reserve District 3: Philadelphia	2020-07-24	2025-12-23

Source

Federal Reserve Bank of Philadelphia	2019-09-24	2025-12-23

Release

Nonmanufacturing Business Outlook Survey	2019-09-24	2025-12-23

Units

Percent	2019-09-24	2025-12-23

Frequency

Monthly	2019-09-24	2025-12-23

Seasonal Adjustment

Seasonally Adjusted	2019-09-24	2025-12-23

Notes

Current Equipment and Software Capital Expenditures reports the change in equipment and software capital expenditures compared to the previous month for reporting service firms. For more information about this release from the Federal Reserve Bank of Philadelphia, visit here. (https://www.philadelphiafed.org/research-and-data/regional-economy/nonmanufacturing-business-outlook-survey/)	2019-09-24	2025-12-23

Current Equipment and Software Capital Expenditures; Percent of Respondents Reporting Decreases for Federal Reserve District 3: Philadelphia (CEBNDEC156MSFRBPHI)