skip navigation

Tuesday, May 26, 2015

[ – ] Text Size [ + ]  |  Print Page

Highlights

  • Nonmanufacturing Business Outlook Survey Regional Activity in Nonmanufacturing Industries Improves in May

    Activity in the region's nonmanufacturing sectors improved in May, according to firms responding to this month's Nonmanufacturing Business Outlook Survey. The diffusion index for current activity at the firm level increased from 43.6 in April to 52.3 this month. Read the report.

  • Manufacturing Business Outlook SurveyManufacturing Activity Increased Modestly in May

    Manufacturing activity increased modestly in May, according to firms responding to the latest Manufacturing Business Outlook Survey. The diffusion index of current activity decreased from 7.5 in April to 6.7 this month. The index has remained in a single-digit range for the first five months of this year. Read the report. Listen to the audio conference. YouTube

  • Business ReviewRead the Latest Business Review

    What does the geographic persistence of some cities over hundreds or thousands of years tell us about today's urban policy? Why does monetary policy sometimes have unintended consequences for income and wealth distribution? And the inaugural Regional Spotlight asks: What's holding back homebuilding? Download the entire issue. PDF

  • Regional SpotlightRegional Spotlight: What's Holding Back Homebuilding?

    In a new feature, Regional Spotlight, the Philadelphia Fed examines the slow recovery of residential construction in the tristate area and the nation. PDF

  • Survey of Professional ForecastersForecasters See Weaker Outlook for Growth

    The outlook for growth in the U.S. economy over the next three years looks weaker now than it did in February, according to 44 forecasters surveyed by the Federal Reserve Bank of Philadelphia. Their expectations for the unemployment rate are more optimistic. Read the report.

  • 2014 Annual Report Annual Report Essay Offers "Reflections on Monetary Policy"

    The Philadelphia Fed's 2014 Annual Report features an essay by former President Charles Plosser about four principles he believes would improve the framework for setting monetary policy. Read the essay. The report also contains messages from the former president and the first vice president as well as a review of 2014 activities, including the Reinventing Older Communities conference. Read the report.

  • Philadelphia Fed2015 Policy Summit on Housing, Human Capital, and Inequality

    Registration is now open for the 2015 Policy Summit on Housing, Human Capital, and Inequality. This biennial national conference, which will be held June 18-19 at the Omni William Penn Hotel in Pittsburgh, will focus on ways that economic growth can more equitably benefit low- and moderate-income individuals and communities. View the agenda and register. External Link

  • Patrick T. HarkerPhiladelphia Fed Names Patrick T. Harker as Its Next President and CEO

    The board of directors of the Philadelphia Fed has announced that Patrick T. Harker, 56, currently president of the University of Delaware and a member of the Philadelphia Fed's board of directors, has been named the Bank's 11th president and CEO, effective July 1, 2015. Harker, who has served as a nonbanking Class B director of the Philadelphia Fed for the past three years, will succeed Charles I. Plosser, who retired effective March 1, 2015. Read the press release.

  • The Federal Reserve Bank of PhiladelphiaThe Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank holding companies, and provides financial services to depository institutions and the federal government. One of the 12 regional Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the Philadelphia Federal Reserve Bank serves eastern Pennsylvania, southern New Jersey, and Delaware. Learn more about us.

The EconomyLast update: May 26, 2015, 10:00 a.m. ET

Business Outlook
Coincident Indexes
Leading Indexes
Regional
Data
ADS Business
Conditions
State Coincident Indexes
view larger image

State Coincident Indexes

Combine four state-level indicators to summarize current economic conditions in a single statistic.

Related Resources:

State Leading Indexes
view larger image

State Leading Indexes

Predict the six-month growth rate of the state's coincident index.

Related Resources:

Aruoba-Diebold-Scotti Business Conditions Index: Plot Since Last Peak
view larger image

Aruoba-Diebold-Scotti Business Conditions Index

Designed to track real macroeconomic activity at high frequency. Last updated on May 21, 2015.

Related Resources:

Upcoming Events

There are no upcoming events at this time.

Resources

For Individuals & Consumers

Learn more about the economy and personal finance by visiting the Education section of this site and browsing our consumer publications.

Buried by Debt VideoOrder the free video, “Buried by Debt: The Dangers of Borrowing”

Our Centennial
Money in Motion

Centennial Challenge

Test your knowledge of the Federal Reserve with this quick quiz: