News & Advisories

Top News

Analysis: May Metropolitan Area Employment

July 2, 2009 — The Philadelphia Fed today posted analysis related to May's metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. The data were recently released by the Bureau of Labor Statistics.

Business Conditions Index Updated

July 2, 2009 — The Federal Reserve Bank of Philadelphia's Real-Time Data Research Center has updated the business conditions index. See the press release for more information about the index.

Bank Names Director of Real-Time Data Research Center

July 1, 2009 — The Federal Reserve Bank of Philadelphia has announced the promotion of Keith Sill to assistant vice president and director of the Real-Time Data Research Center in the Bank's Research Department, effective today. See the press release.

Philadelphia Fed May Releases Leading Indexes

June 26, 2009 — The Philadelphia Fed today released May's leading indexes for Delaware, New Jersey, and Pennsylvania.

Analysis: May Housing Permits Data

June 25, 2009 — The Philadelphia Fed today posted an analysis of data on regional housing permits for May.

FOMC Maintains Target Range for Federal Funds Rate

June 24, 2009 — The Federal Open Market Committee decided today to maintain the target range for the federal funds rate at 0 to 1/4 percent. The Committee continues to anticipate that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an extended period.

Learn All About Funding for Minority Businesses

June 24, 2009 — Minority-business owners can learn about funding options for their enterprises by taking part in a discussion during the Entrepreneurs Forum of Greater Philadelphia's "Funding Minority Businesses-Where the Rubber Meets the Road," scheduled for 5:30 p.m., Tuesday, July 14, 2009, at the Federal Reserve Bank of Philadelphia, 7th and Arch streets. See the news release. The event will include comments from Mayor Michael A. Nutter and Federal Reserve Bank of Philadelphia President Charles I. Plosser. Register for the event as a participant. Media can contact Katherine Dibling, senior media representative for the Philadelphia Fed, at 215-574-4119.

Advisories

Schedule of Economic Releases

Get the schedule for the Bank's economic releases. It includes dates for the release of the Business Conditions Index, the most recent addition to our roster of economic indicators.

FYI

Products for Underbanked Examined

Innovative Financial Tools for Serving the Underbanked (250 KB, 24 pages): Summarizes a conference exploring products and programs for the underbanked, including prepaid cards, alternatives to payday lending, and the use of alternative credit data. This event was co-sponsored by the Philadelphia Fed and the Center for Financial Services Innovation.

Dallas Fed: Trimmed Mean PCE

The trimmed mean personal consumption expenditures (PCE) inflation rate for January, released by the Dallas Federal Reserve, was an annualized 2.2 percent. According to the Bureau of Economic Analysis (BEA), the overall PCE inflation rate for November was 2.4 percent, annualized, while the inflation rate for the PCE excluding food and energy was 1.4 percent.

Chicago Fed National Activity Index

The Chicago Fed National Activity Index was -2.83 in February, up from -3.74 in January.