Image of the Covid-19 virus

Consumer Finance


The Impact of COVID-19 Relief Programs: Getting Granular to See the Big Picture

A wealth of data flows through Philadelphia Fed, painting a picture of the economy in our region and the nation. But who are the people behind those data points, and how are their daily realities touched by government policies? President Harker explores this idea with a focus on COVID-19 relief programs.

Regional Economics

Press Release

Chamber of Commerce for Greater Philadelphia Members Optimistic About Business Conditions in 2022

The survey, which was conducted in December 2021, polled 66 chamber members.

Aruoba-Diebold-Scotti Business Conditions Index

An index designed to track real business conditions at high observation frequency

Many rooftops crowded together in a suburban development.

Mortgage Markets

Working Paper

Democratic Political Economy of Financial Regulation

WP 22-01 – This paper offers a simple theory of inefficiently lax financial regulation arising as an outcome of a democratic political process.

A Moment of Opportunity: The COVID-Era Job Market for Noncollege Workers

This report finds that online job postings during the COVID era represented a new level of opportunity for noncollege job seekers. This can be attributed to a greater volume of job postings and employers’ slightly lower educational requirements, when compared with the period preceding the COVID-19 pandemic.

The Outlook for the Economy and Federal Reserve Policy

Philadelphia Business Journal Economic Forecast | Virtual Event