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News from the Wire

Current manufacturing indicators remain elevated in August

Thursday, August 20, 2026 — 15:22:23 (UTC)

Current Manufacturing Indicators Remain Elevated in August

August 20, 2026

Manufacturing activity in the region continued to expand overall, according to the firms responding to the August Manufacturing Business Outlook Survey. The diffusion index for current general activity rose from 41.4 in July to 47.4 in August, its highest reading since April 2021. The new orders and shipments indexes moved lower but remained elevated. The employment index rose, continuing to suggest overall gains in employment. Both price indexes declined this month but remained elevated. Most future indicators jumped higher this month, suggesting widespread expectations for overall growth over the next six months.

Read more: www.philadelphiafed.org/surveys-and-data/regional-economic-analysis/mbos-2026-08?utm_medium=email&utm_source=data-release&utm_campaign=MBOS&utm_content=MBOS260820

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Source: Company press release.

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