Powerhouse 2024 Philly Fed'S

Powerhouse 2024 Philly Fed'S. The philadelphia fed index, also known as the business outlook survey, is a survey produced by the federal reserve bank of philadelphia which questions. The fed's policy, though, can only affect demand, not the supply side of the equation.

Philadelphia fed president patrick harker advocates for interest rate cut in september. The philly fed’s index for new orders climbed to its highest since last august and shipments activity was its most brisk since august 2022.