
EIA Crude Inventories Draw 0.4M vs Forecast 1.4M Draw
EIA crude inventories drew 0.4M for the week ending September 4, versus a 1.4M draw forecast and a 4.5M prior draw — a smaller-than-expected decline.
Philadelphia Fed August general activity 47.4 from 41.4, highest since April 2021. Factory forecast 24.1. FXStreet 25. They are not averaged. Claims 206K vs 210K. DOL previous revised 209K to 212K. FXStreet event still shows 209K.

The Philadelphia Fed’s August general-activity index rose from 41.4 in July to 47.4, its highest reading since April 2021. That is the August Manufacturing Business Outlook Survey, released 20 August at 8:30 a.m. ET. Survey responses were collected from 10 to 17 August. This is a beat versus both calendars. The two forecasts are not averaged.
Factory’s Philly Fed line on the Forex Factory calendar is 47.4 against a 24.1 forecast and a previous of 41.4. FXStreet’s event page has 47.4 against a 25 consensus and the same 41.4 previous.
The same official page says the future general-activity index climbed 39 points to 73.6, its highest reading since August 1983. The employment index rose 18 points to 27.9, its highest reading since April 2022. New orders fell 7 points to 30.1. Shipments declined from 33.7 to 27.7. Prices paid fell 13 points to 40.9. Prices received declined 10 points to 17.7.
| Series | Official August | Official July |
|---|---|---|
| General activity | 47.4 | 41.4 |
| New orders | 30.1 | 37.0 |
| Shipments | 27.7 | 33.7 |
| Employment | 27.9 | 10.0 |
| Prices paid | 40.9 | 53.9 |
| Prices received | 17.7 | 27.4 |
| Future general activity | 73.6 | 34.4 |
Factory forecast 24.1. FXStreet consensus 25. They stay as two stamps.
In the same 8:30 a.m. ET slot, the Department of Labor printed seasonally adjusted initial claims of 206,000 for the week ending 15 August, a decrease of 6,000 from the previous week’s revised level. The previous week was revised up by 3,000 from 209,000 to 212,000. The four-week moving average was 204,000. Continuing claims, as insured unemployment for the week ending 8 August, were 1,799,000.
Factory’s claims line is 206K against 210K, previous 212K revised. FXStreet’s event page still shows previous 209K. The DOL revision is the live previous.
The 206K claims print also sits as color on the live gold tape.
The next stamps sit on the economic calendar. Live dollar is on prices.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
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EIA crude inventories drew 0.4M for the week ending September 4, versus a 1.4M draw forecast and a 4.5M prior draw — a smaller-than-expected decline.

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