http://www.philadelphiafed.org/research-and-data/ The latest economic releases from the Philadelphia Fed's Research Department. en-us http://www.philadelphiafed.org/feeds/frbp-feeds-logo.jpg http://www.philadelphiafed.org/research-and-data/ 60 phil.webmaster@phil.frb.org (Philadelphia Fed Webmaster) Mon, 06 Feb 2012 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2012/UnemploymentRateJan2012.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS The Federal Reserve Bank of Philadelphia's January nowcasts predict that unemployment rates will decrease in Pennsylvania, New Jersey, and Delaware. Mon, 06 Feb 2012 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2011/MSANewsDec2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS From November to December, unemployment rates fell and payroll employment was mixed in the three-state region. Fri, 03 Feb 2012 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/2011/LeadingIndexes1211.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS The Federal Reserve Bank of Philadelphia has released the leading indexes for the 50 states for December 2011. Forty-four state coincident indexes are projected to grow over the next six months, while six are projected to decrease. Thu, 02 Feb 2012 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/greater-philadelphia-chamber-commerce/2012-GPCC-survey.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS Business activity has expanded from last year; however, weak sales and labor costs remain a concern, according to the participants in the Greater Philadelphia Chamber of Commerce 2012 Economic Outlook Survey. Jason Novak, research and policy support manager at the Bank, presented the survey results at the chamber’s annual breakfast meeting. Tue, 31 Jan 2012 13:15:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/housing-permits/2011/PermitsNewsDec2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS Residential building permits in Delaware, New Jersey, and Pennsylvania decreased from November to December, concluding another year of low activity — the lowest for Delaware since 1982 and for Pennsylvania since before 1979. Mon, 30 Jan 2012 13:30:00 GMT http://philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/2011/CoincidentIndexes1211.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS The Federal Reserve Bank of Philadelphia today released the coincident indexes for December 2011. The coincident indexes combine four state-level indicators to summarize current economic conditions in a single statistic. In the past month, the indexes increased in 39 states, decreased in seven, and remained unchanged in four (Arizona, Nebraska, New York, and Wyoming) for a one-month diffusion index of 64. Thu, 26 Jan 2012 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2011/EmploymentNewsDec2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS Payroll employment increased in the three-state region from November to December. Unemployment rates fell in all three states. Wed, 25 Jan 2012 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2012/bos0112.cfm?utm_source=RSS&utm_medium=TM&utm_campaign=RSS Results from the Business Outlook Survey suggest that regional manufacturing activity continued to expand at a moderate pace in January. The general activity index increased to 7.3 this month from a revised reading of 6.8 in December. Thu, 19 Jan 2012 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2011/UnemploymentRateDec2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS The Federal Reserve Bank of Philadelphia's December nowcasts predict that unemployment rates will decrease in Pennsylvania, New Jersey, and Delaware. Mon, 09 Jan 2012 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2011/MSANewsNov2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS From October to November, labor market conditions were mixed in the three-state region. Fri, 06 Jan 2012 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/housing-permits/2011/PermitsNewsNov2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS Despite a large monthly increase in residential building permits in Delaware, New Jersey, and Pennsylvania, the total number of permits issued through November remains less than for the same 11-month period in 2010 for all three states. Wed, 28 Dec 2011 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/publications/banking-brief/2011/BB3Q2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS The Philadelphia Fed has released its Third Quarter 2011 issue of Banking Brief, which analyzes recent banking trends in the tri-state region of Pennsylvania, New Jersey, and Delaware. Tue, 27 Dec 2011 19:00:00 GMT http://philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/2011/CoincidentIndexes1111.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS This month, economic activity, as measured by the indexes, increased in 44 states, decreased in four, and remain unchanged in two (Hawaii and Wyoming). The indexes increased in each of the Third District states, Delaware, New Jersey, and Pennsylvania. Thu, 22 Dec 2011 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2011/EmploymentNewsNov2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS Payroll employment increased in the three-state region from October to November. Unemployment rates fell in Delaware and Pennsylvania but remained constant in New Jersey. Wed, 21 Dec 2011 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/publications/research-rap/2011/revisions-to-nonfarm-payroll-employment.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS In the latest Research Rap Special Report from the Federal Reserve Bank of Philadelphia's Research Department, Tom Stark, using the Philadelphia Fed's real-time data set for macroeconomists, analyzes revisions to initial estimates for nonfarm payroll employment over the period November 1964 to September 2011. Mon, 19 Dec 2011 20:15:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2011/bos1211.cfm?utm_source=RSS&utm_medium=TM&utm_campaign=RSS Regional manufacturing continued to improve in December, according to the firms participating in December's Business Outlook Survey. The general activity index, the survey's broadest measure of manufacturing conditions, increased to 10.3 this month from 3.6 in November. Thu, 15 Dec 2011 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2011/MSANewsOct2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS Labor market conditions improved in the three-state region. However, employment growth in most of the region's metropolitan areas lagged behind the nation. Thu, 08 Dec 2011 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2011/UnemploymentRateNov2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS The Federal Reserve Bank of Philadelphia's November nowcasts predict that unemployment rates will decrease in Pennsylvania, New Jersey, and Delaware. Mon, 05 Dec 2011 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/2011/LeadingIndexes1011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS Forty-six state coincident indexes are projected to grow over the next six months, while four (Louisiana, West Virginia, Wisconsin, and Wyoming) are projected to decrease. Thu, 01 Dec 2011 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/housing-prices/2011/HousePriceNews2011Q3.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS On a quarter-to-quarter basis, the FHFA's purchase-only house price indexes rose in Delaware and Pennsylvania in the third quarter; New Jersey's index fell. Wed, 30 Nov 2011 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/2011/CoincidentIndexes1011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS In the past month, the indexes increased in 43 states, decreased in five, and remained unchanged in two (Georgia and New Mexico) for a one-month diffusion index of 76. Tue, 29 Nov 2011 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/housing-permits/2011/PermitsNewsOct2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS From September to October, the issuance of residential building permits increased in New Jersey and fell in Pennsylvania, Delaware, and the nation. Tue, 29 Nov 2011 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2011/EmploymentNewsOct2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS Payroll employment increased in the three-state region from September to October, and unemployment rates fell in all three states. Wed, 23 Nov 2011 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2011/bos1111.cfm?utm_source=RSS&utm_medium=TM&utm_campaign=RSS The November Business Outlook Survey's indicators for general activity, new orders, and shipments suggest growth but at a slightly slower rate than in October, and manufacturing employment has picked up. The survey's broadest measure of manufacturing conditions, the diffusion index of current activity, remained positive for the second consecutive month, but it decreased from 8.7 in October to 3.6. Thu, 17 Nov 2011 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/real-time-center/survey-of-professional-forecasters/2011/survq411.cfm?utm_source=RSS&utm_medium=TM&utm_campaign=RSS The outlook for growth and unemployment in the U.S. economy looks a little weaker now than it did three months ago, according to 45 participants in the Fourth Quarter Survey of Professional Forecasters. Mon, 14 Nov 2011 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2011/UnemploymentRateOct2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS The Federal Reserve Bank of Philadelphia's October nowcasts predict that unemployment rates will remain constant in Pennsylvania and Delaware and fall in New Jersey. Mon, 07 Nov 2011 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2011/MSANewsSep2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS From August to September, labor market trends in the three-state region were mixed. Fri, 04 Nov 2011 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/2011/LeadingIndexes0911.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS Forty state coincident indexes are projected to grow over the next six months, while 10 are projected to decrease. Tue, 01 Nov 2011 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/housing-permits/2011/PermitsNewsSep2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS From August to September, the issuance of residential building permits increased in Pennsylvania and fell in New Jersey, Delaware, and the nation. Compared with year-ago levels, permit issuance was down in the three-state region despite an increase nationally. Fri, 28 Oct 2011 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/2011/CoincidentIndexes0911.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS In the past month, the indexes increased in 30 states, decreased in 13, and remained unchanged in seven for a one-month diffusion index of 34. Tue, 25 Oct 2011 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2011/bos1011.cfm?utm_source=RSS&utm_medium=TM&utm_campaign=RSS Responses to October's Business Outlook Survey suggest that regional manufacturing activity is showing signs of recovery, following several months of decline. The diffusion index of current activity increased to 8.7 in October from -17.5 in September. Thu, 20 Oct 2011 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2011/UnemploymentRateSep2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS The Federal Reserve Bank of Philadelphia's September nowcasts predict that unemployment rates will rise in Pennsylvania and remain constant in New Jersey and Delaware. Tue, 11 Oct 2011 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2011/MSANewsAug2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS From July to August, labor market trends in the three-state region were mixed - with employment growing in about half of the areas and unemployment rates rising in most. Fri, 30 Sep 2011 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/publications/banking-brief/2011/BB2Q2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS The Philadelphia Fed has released its Second Quarter 2011 issue of Banking Brief, which analyzes recent banking trends in the tri-state region of Pennsylvania, New Jersey, and Delaware. Thu, 29 Sep 2011 20:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/2011/LeadingIndexes0811.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS Thirty-seven state coincident indexes are projected to grow over the next six months, while 13 are projected to decrease. Thu, 29 Sep 2011 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/housing-permits/2011/PermitsNewsAug2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS From July to August, the issuance of residential building permits increased substantially in all states and the nation. However, all states and the nation exhibited declines or no change in total residential permits issued and in the value of permits issued year to date through August compared with the same eight-month period in 2010. Wed, 28 Sep 2011 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/personal-income/2011/PersonalIncome2011Q2.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS Total personal income slowed but continued to grow from the first quarter to the second quarter of 2011 in Delaware, New Jersey, and Pennsylvania. By major income categories, gains were the strongest in dividends, interest, and rents. Fri, 23 Sep 2011 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/2011/CoincidentIndexes0811.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS In the past month, the indexes increased in 26 states, decreased in 17, and remained unchanged in seven for a one-month diffusion index of 18. Tue, 20 Sep 2011 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2011/EmploymentNewsAug2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS Payroll employment declined in the three-state region from July to August, primarily as the result of a strike in the telecommunications industry. The unemployment rate increased in Pennsylvania, declined in New Jersey, and remained unchanged in Delaware. Mon, 19 Sep 2011 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2011/bos0911.cfm?utm_source=RSS&utm_medium=TM&utm_campaign=RSS Responses to the Business Outlook Survey this month suggest that regional manufacturing activity is continuing to contract, but declines are less widespread than in August. The survey's broad indicators for activity, shipments, and new orders all remained negative for the second consecutive month. Responding firms, however, indicated that employment was slightly higher this month. The broadest indicator of future activity remained positive and rebounded this month, suggesting that recent declines are not expected to continue over the next six months. Thu, 15 Sep 2011 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2011/UnemploymentRateAug2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS The Federal Reserve Bank of Philadelphia's August nowcasts predict that unemployment rates will rise in Pennsylvania and Delaware and remain constant in New Jersey. Tue, 06 Sep 2011 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2011/MSANewsJul2011.pdf?utm_source=RSS&utm_medium=TM&utm_campaign=RSS From June to July, labor market trends in the three-state region were mixed - with employment growing and unemployment rates generally rising. Fri, 02 Sep 2011 12:30:00 GMT