18.06.202612:38:51UTC+00Philadelphia Factory Activity Rebounds in June

The Philadelphia Fed Manufacturing Index rose to 10.3 in June 2026 from -0.4 in May, slightly exceeding market expectations of 10 and signaling a renewed expansion in regional manufacturing activity. About 32% of firms reported increased activity, compared with 22% reporting declines, while 45% indicated no change.

Demand conditions strengthened notably: the current shipments index climbed 10 points to 14.9, and the new orders index surged 29 points to 27.3. Labor market conditions also improved, with the employment index up 11 points to 7.9—its highest reading since January—even though most firms reported steady staffing levels.

Price pressures remained elevated. The prices paid index rose 5 points to 53.2, while the prices received index fell 6 points to 20.3—its lowest level since February, though still above its historical average. Overall, firms remained optimistic and continued to anticipate growth over the next six months.