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Tuesday, July 7, 2015

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Highlights

  • Philadelphia FedBank Appoints Advisory Council Member

    The Philadelphia Fed announced the appointment of Christopher D. Maher, president and CEO of OceanFirst Bank and its parent company OceanFirst Financial Corp., to its Community Depository Institutions Advisory Council (CDIAC). Read the release.

  • Patrick T. HarkerPatrick T. Harker Takes Office as President and CEO of the Philadelphia Fed

    Patrick T. Harker took office as the 11th president and CEO of the Federal Reserve Bank of Philadelphia on July 1, 2015. In this role, Harker leads the Philadelphia Fed and participates on the Federal Open Market Committee, which formulates the nation’s monetary policy. Read his bio.

  • Community Development Studies & EducationBeyond the Numbers

    This new report is a qualitative companion to the Affordability and Availability of Rental Housing in the Third Federal Reserve District: 2015. It presents an in-depth look at the challenges and trends associated with rental housing. Read the report.

  • Philadelphia FedMonetary Policy Report Explores Rules for Benchmarking

    The Bank has released its latest "Monetary Policy Report: Using Rules for Benchmarking," which highlights ongoing work to benchmark the stance of monetary policy using a range of robust policy rules. Read the reportPDF

  • Leading IndexesMay’s Leading Indexes Suggest Expansion in 39 States into the Fourth Quarter

    The Bank has released May's leading indexes, which are a six-month forecast of the state coincident indexes. The coincident indexes measure current economic activity in each of the 50 states. This month's leading indexes suggest economic expansion in 39 states into the fourth quarter of 2015. Read the report. PDF

  • Tri-State TrackingTri-State Tracking Updated

    The Philadelphia Fed has updated its monthly Tri-State Tracking series that provides statewide summaries of economic conditions using monthly and quarterly data of employment, housing, and personal income. Read the reports for Delaware PDF , New Jersey PDF , and Pennsylvania PDF.

  • Philadelphia FedBank Expands Greenbook Data Set

    The Real-Time Data Research Center has released an expanded version of the Philadelphia Fed's Greenbook Data Set. The data set now covers all projections for selected variables published in the Greenbook by the Federal Reserve Board of Governors before each Federal Open Market Committee meeting. View the data set. Read the release

  • Nonmanufacturing Business Outlook Survey The Pace of Nonmanufacturing Activity Remains High

    The pace of regional nonmanufacturing activity in June was effectively unchanged from the prior month, according to firms responding to the latest Nonmanufacturing Business Outlook Survey. The survey's indicators for employment rose, while the indicators for new orders were effectively unchanged, and indicators for sales fell. Read the report.

  • Coincident IndexesMay’s Coincident Indexes Show Increased Economic Activity in 35 States

    The Bank has released the May state coincident indexes, which measure current economic activity in each of the 50 states. This month's coincident indexes suggest expansion in 35 states. Read the report. PDF

  • Manufacturing Business Outlook SurveyManufacturing Conditions Improved in June

    Manufacturing activity improved in June, according to firms responding to the latest Manufacturing Business Outlook Survey. The diffusion index for current activity increased from 6.7 in May to 15.2 this month. Read the report. Listen to the audio conference YouTube

  • 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.

Latest News

The EconomyLast update: July 2, 2015, 2:00 p.m. ET

Business Outlook
Coincident Indexes
Leading Indexes
Regional
Data
ADS Business
Conditions
State Coincident Indexes
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State Coincident Indexes

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

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State Leading Indexes
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State Leading Indexes

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

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

Designed to track real macroeconomic activity at high frequency. Last updated on July 2, 2015.

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