Table Data - Current Wages and Benefit Costs; Diffusion Index for Federal Reserve District 3: Philadelphia

Title	Current Wages and Benefit Costs; Diffusion Index for Federal Reserve District 3: Philadelphia
Series ID	WBBNDIF066MSFRBPHI
Source	Federal Reserve Bank of Philadelphia
Release	Nonmanufacturing Business Outlook Survey
Seasonal Adjustment	Seasonally Adjusted
Frequency	Monthly
Units	Index
Date Range	2011-03-01 to 2024-10-01
Last Updated	2024-10-22 7:36 AM CDT
Notes	Current Wages and Benefit Costs reports the change in wages and benefit costs compared to the previous month for reporting service firms. The diffusion index is calculated by taking the percent reporting increases and subtracting the percentage reporting decreases. For more information about this release from the Federal Reserve Bank of Philadelphia, visit here.

DATE	VALUE
2011-03-01	1.8
2011-04-01	29.6
2011-05-01	44.1
2011-06-01	29.6
2011-07-01	31.6
2011-08-01	35.0
2011-09-01	31.7
2011-10-01	29.1
2011-11-01	29.2
2011-12-01	23.1
2012-01-01	19.3
2012-02-01	25.1
2012-03-01	34.1
2012-04-01	39.9
2012-05-01	31.9
2012-06-01	21.6
2012-07-01	19.8
2012-08-01	16.5
2012-09-01	18.9
2012-10-01	25.6
2012-11-01	36.0
2012-12-01	12.9
2013-01-01	27.3
2013-02-01	38.9
2013-03-01	37.1
2013-04-01	27.4
2013-05-01	30.5
2013-06-01	42.7
2013-07-01	33.3
2013-08-01	33.3
2013-09-01	27.5
2013-10-01	31.2
2013-11-01	24.6
2013-12-01	30.8
2014-01-01	33.3
2014-02-01	13.0
2014-03-01	42.4
2014-04-01	22.5
2014-05-01	27.6
2014-06-01	27.7
2014-07-01	40.4
2014-08-01	39.4
2014-09-01	35.3
2014-10-01	40.0
2014-11-01	37.4
2014-12-01	36.8
2015-01-01	29.6
2015-02-01	38.1
2015-03-01	31.3
2015-04-01	27.7
2015-05-01	43.3
2015-06-01	35.4
2015-07-01	27.1
2015-08-01	30.9
2015-09-01	37.4
2015-10-01	22.9
2015-11-01	36.4
2015-12-01	28.3
2016-01-01	31.3
2016-02-01	36.5
2016-03-01	23.6
2016-04-01	34.3
2016-05-01	28.9
2016-06-01	27.5
2016-07-01	33.1
2016-08-01	29.8
2016-09-01	29.9
2016-10-01	36.8
2016-11-01	28.8
2016-12-01	34.9
2017-01-01	40.3
2017-02-01	30.0
2017-03-01	26.9
2017-04-01	36.5
2017-05-01	29.5
2017-06-01	23.7
2017-07-01	29.1
2017-08-01	32.8
2017-09-01	32.2
2017-10-01	37.1
2017-11-01	46.0
2017-12-01	37.9
2018-01-01	33.7
2018-02-01	36.2
2018-03-01	41.2
2018-04-01	26.3
2018-05-01	44.5
2018-06-01	46.7
2018-07-01	45.5
2018-08-01	43.2
2018-09-01	47.0
2018-10-01	41.5
2018-11-01	41.5
2018-12-01	33.7
2019-01-01	30.3
2019-02-01	38.9
2019-03-01	42.0
2019-04-01	36.0
2019-05-01	38.3
2019-06-01	40.5
2019-07-01	37.2
2019-08-01	40.8
2019-09-01	37.0
2019-10-01	42.3
2019-11-01	40.8
2019-12-01	48.7
2020-01-01	47.3
2020-02-01	30.9
2020-03-01	27.3
2020-04-01	-36.9
2020-05-01	-14.9
2020-06-01	-3.9
2020-07-01	2.6
2020-08-01	15.6
2020-09-01	13.0
2020-10-01	10.8
2020-11-01	12.3
2020-12-01	13.6
2021-01-01	19.7
2021-02-01	24.0
2021-03-01	26.8
2021-04-01	25.0
2021-05-01	30.7
2021-06-01	42.0
2021-07-01	50.5
2021-08-01	44.1
2021-09-01	41.7
2021-10-01	51.9
2021-11-01	62.2
2021-12-01	59.4
2022-01-01	50.5
2022-02-01	52.3
2022-03-01	56.3
2022-04-01	56.4
2022-05-01	56.2
2022-06-01	58.5
2022-07-01	51.7
2022-08-01	52.3
2022-09-01	49.5
2022-10-01	49.7
2022-11-01	46.4
2022-12-01	44.1
2023-01-01	45.1
2023-02-01	42.8
2023-03-01	27.1
2023-04-01	39.1
2023-05-01	35.9
2023-06-01	24.3
2023-07-01	39.0
2023-08-01	34.2
2023-09-01	38.9
2023-10-01	34.1
2023-11-01	33.8
2023-12-01	34.2
2024-01-01	37.9
2024-02-01	34.4
2024-03-01	35.3
2024-04-01	27.4
2024-05-01	41.4
2024-06-01	27.6
2024-07-01	29.8
2024-08-01	30.1
2024-09-01	34.6
2024-10-01	32.8

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