Observations

Oct 2025: 37.3

Updated: Oct 21, 2025 7:35 AM CDT

Units:

Percent,

Not Seasonally Adjusted

Frequency:

Monthly

Notes

Title	Release Dates

Current New Orders; Percent of Respondents Reporting Decreases for FRB - Philadelphia District	2015-04-21	2020-07-23
Current New Orders; Percent of Respondents Reporting Decreases for Federal Reserve District 3: Philadelphia	2020-07-24	2025-10-21

Source

Federal Reserve Bank of Philadelphia	2015-04-21	2025-10-21

Release

Nonmanufacturing Business Outlook Survey	2015-04-21	2025-10-21

Units

Percent	2015-04-21	2025-10-21

Frequency

Monthly	2015-04-21	2025-10-21

Seasonal Adjustment

Not Seasonally Adjusted	2015-04-21	2025-10-21

Notes

Current New Orders reports the change in new orders compared to the previous month for reporting service firms. For more information about this release from the Federal Reserve Bank of Philadelphia, visit: http://www.philadelphiafed.org/research-and-data/regional-economy/nonmanufacturing-business-outlook-survey/ .	2015-04-21	2025-10-21

Current New Orders; Percent of Respondents Reporting Decreases for Federal Reserve District 3: Philadelphia (NOBNDEC156MNFRBPHI)