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Saturday, February 4, 2012

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News & Advisories

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Business Conditions Index Updated

February 3, 2012 — The Federal Reserve Bank of Philadelphia’s Real-Time Data Research Center has updated the business conditions index with information on payroll employment for January 2012.

Analysis: December 2011 Metropolitan Area Employment

February 3, 2012 — The Philadelphia Fed today posted an analysis related to December’s metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. From November to December, unemployment rates fell and payroll employment was mixed in the three-state region. Read the report.

Philadelphia Fed Releases Leading Indexes

February 2, 2012 — 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. Read the press release. Read the report.

Business Conditions Index Updated

February 2, 2012 — The Federal Reserve Bank of Philadelphia’s Real-Time Data Research Center has updated the business conditions index with information on initial jobless claims for the week ending 1/28/2012.

Speech: Economic Outlook and Communicating Monetary Policy

February 1, 2012 — Federal Reserve Bank of Philadelphia President and CEO Charles I. Plosser presents “Economic Outlook and Communicating Monetary Policy” at the 2012 Economic Forecast Breakfast and Annual Meeting of the Main Line Chamber of Commerce. President Plosser discusses the prospects for the nation’s economy and the recent steps taken by the Federal Open Market Committee to enhance communications. Read the speech.

Greater Philadelphia Chamber Members Report Expanded Business Activity

January 31, 2012 — 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. Read the presentation. Read about the event.

Business Conditions Index Updated

January 30, 2012 — The Federal Reserve Bank of Philadelphia’s Real-Time Data Research Center has updated the business conditions index with information on real personal income less transfer payments for December 2011 and real manufacturing & trade sales for November 2011.

Analysis: December 2011 Housing Permits Data

January 30, 2012 — The Philadelphia Fed today posted an analysis of data on regional housing permits for December 2011. 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. Read the report.

Business Conditions Index Updated

January 27, 2012 — The Federal Reserve Bank of Philadelphia’s Real-Time Data Research Center has updated the business conditions index with information on real GDP for the fourth quarter 2011 (advance release).