About Us

Article

Community Tour: Wayne County

Philadelphia Fed President and CEO Anna Paulson visited Wayne County, Pennsylvania, to meet with community leaders focused on housing, small businesses, and the workforce sector.

Discover Our District

The Federal Reserve Bank of Philadelphia serves the Third District, which covers Delaware, southern New Jersey, and eastern and central Pennsylvania. The District’s economy is driven by a range of industries, including utilities, “eds and meds,” tourism, and agriculture. We celebrate the rich history of our region and work to support a strong economy for the people and communities who call the Third District home.

Learn More
third-district-map

Under Pressure: Financial Stress and Housing Payments

This report uses the Federal Reserve Bank of Philadelphia’s July 2025 LIFE Survey to study the recent experiences of both homeowners and renters, examining their ability to make housing payments, financial shocks they have experienced, and the strategies and tools they employ to make ends meet.

State Coincident Indexes

Monthly index of general economic conditions for each of the 50 states

Macroeconomics

Article

Understanding Job Growth

Economic Insights — Even seemingly healthy job growth might hide weaknesses in the economy if a large portion of that growth happens in acyclical sectors such as health care and government.

Monetary Policy

Article

The Blending of Conventional and Unconventional Monetary Policies With “Inelastic” Asset Markets

Research in Focus — Joseph Abadi of the Philadelphia Fed creates a model to analyze how central bank interest rate policy and balance sheet adjustments transmit through “inelastic” asset markets.

Event

Oct

8

2025

Developing Coordinated Strategies to Increase Housing Inventory

9:00 a.m.–2:30 p.m. ET

Federal Reserve Bank of Philadelphia (Hybrid)