Observations

Nov 2025: 4.7

Updated: Nov 20, 2025 7:48 AM CST

Units:

Percent,

Seasonally Adjusted

Frequency:

Monthly

Notes

Title	Release Dates

Future General Activity; Percent Reporting Decreases for FRB - Philadelphia District	2015-04-16	2020-07-23
Future General Activity; Percent Reporting Decreases for Federal Reserve District 3: Philadelphia	2020-07-24	2025-11-20

Source

Federal Reserve Bank of Philadelphia	2015-04-16	2025-11-20

Release

Manufacturing Business Outlook Survey	2015-04-16	2025-11-20

Units

Percent	2015-04-16	2025-11-20

Frequency

Monthly	2015-04-16	2025-11-20

Seasonal Adjustment

Seasonally Adjusted	2015-04-16	2025-11-20

Notes

Future General Activity forecasts the change in general business activity over the next six months for reporting manufacturing firms. The General Business Activity is the broadest measure for future manufacturing conditions in the Manufacturing Business Outlook Survey. For more information about this release from the Federal Reserve Bank of Philadelphia, visit: http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/ .	2015-04-16	2025-11-20

Future General Activity; Percent Reporting Decreases for Federal Reserve District 3: Philadelphia (GAFDSA156MSFRBPHI)