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Current Average Employee Workweek; Diffusion Index for Federal Reserve District 3: Philadelphia (AWBNDIF066MNFRBPHI)

Observation:

Feb 2024: -6.1 (+ more)   Updated: Feb 20, 2024
Feb 2024:  -6.1  
Jan 2024:  1.8  
Dec 2023:  0.0  
Nov 2023:  -1.8  
Oct 2023:  11.3  
View All

Units:

Index,
Not Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: Federal Reserve Bank of Philadelphia  

Release: Nonmanufacturing Business Outlook Survey  

Units:  Index, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

Current Average Employee Workweek reports the change in average employee workweek 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: http://www.philadelphiafed.org/research-and-data/regional-economy/nonmanufacturing-business-outlook-survey/ .

Suggested Citation:

Federal Reserve Bank of Philadelphia, Current Average Employee Workweek; Diffusion Index for Federal Reserve District 3: Philadelphia [AWBNDIF066MNFRBPHI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/AWBNDIF066MNFRBPHI, March 19, 2024.

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