The Community Development Studies and Education Department periodically produces reports on regions in the Third Federal Reserve District. The reports are useful for banks to identify the credit and investment needs of their communities and the funding sources available to meet those needs. The majority of the information contained in the reports is obtained through a variety of websites and online databases.
Updated information in the demographic and economic data section of each profile.
Note – The profiles for the Johnstown, Lebanon, and York-Hanover MSAs, as well as Pike and Ocean counties, are based on The Reinvestment Fund's PolicyMap reports only. Additional enhancements to these five profiles will be forthcoming.
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Each report contains information for an MSA or a portion of an MSA and includes:
The Office of Management and Budget (OMB) defines metropolitan statistical areas, as well as micropolitan statistical areas. According to the definition: "Metropolitan statistical areas have at least one urbanized area of 50,000 or more population, plus adjacent territory that has a high degree of social and economic integration with the core as measured by commuting ties. Micropolitan statistical areas have at least one urban cluster of at least 10,000 but less than 50,000 population, plus adjacent territory that has a high degree of social and economic integration with the core as measured by commuting ties. Metropolitan and micropolitan statistical areas are defined in terms of whole counties. If the specified criteria are met, a metropolitan statistical area containing a single core with a population of 2.5 million or more may be subdivided to form smaller groupings of counties referred to as metropolitan divisions."*
In 2003, the OMB also established the definition for combined statistical areas. The OMB indicates: "Combined statistical area may comprise two or more metropolitan statistical areas, a metropolitan statistical area and a micropolitan statistical area, two or more micropolitan statistical areas, or multiple metropolitan and micropolitan statistical areas that have social and economic ties as measured by commuting, but at lower levels than are found among counties within metropolitan and micropolitan statistical areas." * For example, the Philadelphia-Camden-Vineland, PA-NJ-DE-MD combined statistical area includes three MSAs: the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, the Reading, PA MSA, and the Vineland-Millville-Bridgeton, NJ MSA.
Regional economic data for the Third Federal Reserve District (Pennsylvania, New Jersey, and Delaware) are available in Research & Data section of our website: