Philly Fed Index Unexpectedly Unchanged In June

From Nasdaq: 2025-06-20 08:39:00

The Federal Reserve Bank of Philadelphia reported that regional manufacturing activity remained weak in June, with the diffusion index for current general activity staying unchanged at -4.0. Economists had expected a rise to -1.0. Looking ahead, future indicators suggest less widespread expectations for growth over the next six months, as the diffusion index for future general activity tumbled to 18.3 in June from 47.2 in May. The views expressed in the report are those of the author and do not necessarily reflect those of Nasdaq, Inc.



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