April 2022 Nonmanufacturing Business Outlook Survey
Note: Survey responses were collected from April 11 to April 21.
Responses to the April Nonmanufacturing Business Outlook Survey suggest continued expansion in nonmanufacturing activity in the region. The indexes for general activity at the firm level, sales/revenues, and new orders all declined but remained positive. Prices for the firms’ inputs and own goods sustained overall increases, according to the prices paid and prices received indexes. The respondents continued to anticipate growth over the next six months.
https://www.philadelphiafed.org/surveys-and-data/regional-economic-analysis/nbos-2022-04