Source: Federal Reserve Bank of Philadelphia  

Release: Manufacturing Business Outlook Survey  

Units:  Index, Not Seasonally Adjusted

Frequency:  Monthly

Future New Orders forecasts the change in new orders over the next six months for reporting manufacturing 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: http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/ .