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Philly Fed Employment
The 'Philly Fed Employment' is a component of the Philadelphia Federal Reserve's Manufacturing Business Outlook Survey, which measures employment trends in the manufacturing sector within the Third Federal Reserve District. It provides insights into labor market conditions by assessing changes in employment levels, work hours, and hiring plans. This indicator is important because it helps gauge economic health and manufacturing activity, influencing monetary policy decisions and impacting financial markets by affecting investor expectations regarding economic growth and interest rates. A strong employment reading may signal economic expansion, while a weak reading could indicate potential economic slowdowns.Next Event
Oct 16, 2025
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5.6
Historical Data
Sep 18, 2025
5.6
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Aug 21, 2025
5.9
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Jul 17, 2025
10.3
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Jun 20, 2025
-9.8
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May 15, 2025
16.5
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Apr 17, 2025
0.2
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Mar 20, 2025
19.7
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Feb 20, 2025
5.3
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Jan 16, 2025
11.9
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Dec 19, 2024
6.6
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Historical Chart
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