January 16, 2020 — Manufacturing activity in the region increased this month, according to results from the January Manufacturing Business Outlook Survey. The diffusion index for current general activity increased nearly 15 points this month, from a revised reading of 2.4 in December to 17.0. The survey’s future activity indexes remained at relatively high readings, suggesting continued optimism about growth for the next six months.

Philadelphia’s Quarterly Labor Market Report
In the second quarter of 2025, Philadelphia’s labor market showed signs of cooling, with the city’s unemployment rate rising to 5.7%, significantly higher than the