A woman reviews paperwork at the kitchen table.

Consumer Finance

Report

LIFE Survey Report – April 2025

This report is part of a quarterly series on key observations from the Labor, Income, Finances, and Expectations (LIFE) Survey. Data from the survey provide insight into consumers’ recent financial lives and their future expectations.

Photo of Anna Paulson in front of an image of the Federal Reserve Bank of Philadelphia building.

About Us

About

Meet Our Next President: Anna Paulson

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.

Row of buildings gutted by fire.

Regional Economics

Working Paper

The Bronx Is Burning: Urban Disinvestment Effects of the Fair Access to Insurance Requirements

WP 25-16 – This study examines the consequences of FAIR plans in the 1960s and 1970s. Though meant to address insurance redlining, these plans unintentionally created moral hazard, leading to housing disinvestment and neighborhood change.

May 2025 Nonmanufacturing Business Outlook Survey

A monthly survey of nonmanufacturers in the Third Federal Reserve District

A tour boat navigates a river that runs through the city of Chicago.

Piped Water and Sewer Access: Measuring Its Benefits for 19th Century Chicago and Its Relevance Today

Research in Focus — Using land values, Allison Shertzer of the Philadelphia Fed and her coauthors estimate the benefits of piped water and sewers in 19th century Chicago, with broader applicability.

About Us

Annual Report

2024 Annual Report

In our 2024 Annual Report, we look back on some of our key research and outreach initiatives from the year. As part of a special video message, President Patrick T. Harker reflects on some of the Philadelphia Fed’s accomplishments and milestones, and First Vice President Jeanne R. Rentezelas writes about our commitment to serving the Third District.

Event

Apr

22-23

2025

Economic Mobility Summit

Philadelphia