About
Meet Our Next President: Anna Paulson
17 Apr ’25
After a nationwide search, the Federal Reserve Bank of Philadelphia has selected Anna Paulson to serve as the next president and chief executive officer. Her term will begin on July 1, 2025.
Workforce & Economic Development
Perspective
Moving Up or Running in Place? Examining Economic Stability and Mobility in Philadelphia
A recent Philadelphia Fed study examines the hurdles people face to upward mobility. In this article, Philadelphia Fed President and CEO Patrick Harker emphasizes the need for collaborative solutions with input from all stakeholders, including workers.
Working Paper
On the Testability of the Anchor-Words Assumption in Topic Models
WP 25-14 – What does the Fed talk about in its monetary policy discussions? We introduce a new statistical methodology to analyze text documents, and we use that methodology to recover the topics discussed during FOMC meetings.
The Economy
A source for Philadelphia Fed research, data, and perspectives on labor markets and economic opportunity.
Aruoba-Diebold-Scotti Business Conditions Index
24 Apr ’25
An index designed to track real business conditions at high observation frequency
News Release
Philadelphia Fed Appoints New Members to Economic and Community Advisory Council
14 Apr ’25
The Federal Reserve Bank of Philadelphia has appointed three new members to its Economic and Community Advisory Council (ECAC). Additionally, Loree D. Jones Brown has been named chair of the council, and Steve Voskuil has been named vice chair.
Understanding Economic Stability and Economic Mobility in Philadelphia
This report details the results of a mixed-methods study that used a survey and focus groups to assess Philadelphians’ experiences related to income, work, expenses, and life satisfaction.