Philly Fed Nonmanufacturing Business Outlook Survey (June 2026): General Business Activity (Region): -25.8 (exp. -16.0, prev. -23.6)

Current Indicators General Business Activity (Region): -25.8 (prev. -23.6) General Business Activity (Firm): 2.4 (prev. -3.8) New Orders: -0.7 (prev. -0.8) Sales/Revenues: 19.6 (prev. -7.6) Unfilled Orders: 1.0 (prev. 1.7) Inventories: -1.2 (prev. -1.2) Prices Paid: 25.8 (prev. 36.5) Prices Received: 20.2 (prev. 13.1) Number of Employees – Full-Time Permanent: -4.8 (prev. -1.1) Number of Employees – Part-Time, Temporary & Contract: 0.1 (prev. 5.4) Average Employee Workweek: 0.3 (prev. 1.7) Wage & Benefit Costs: 39.7 (prev. 33.7) Capital Expenditures – Physical Plant: 4.9 (prev. 14.5) Capital Expenditures – Equipment & Software: 15.0 (prev. 6.0) Forward-Looking Indicators (6-Month Expectations) General Business Activity (Region): -10.5 (prev. -9.6) General Business Activity (Firm): -0.3 (prev. 14.4)