An associate at a retail clothing shop folds a weather while wearing a mask.

Consumer Credit


Q&A: Tom Akana on the COVID-19 Survey and Assessing Consumer Well-Being

In this Q&A, Tom Akana of our Consumer Finance Institute shares what we learned after two years tracking consumer well-being during the pandemic, why it’s important, and where we go from here.

Federal Reserve Bank of Philadelphia Building

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Press Release

Philadelphia Fed Appoints New Executive Vice President and Director of Research

Roc Armenter will succeed Michael Dotsey after his retirement.

Aruoba-Diebold-Scotti Business Conditions Index

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


CFI COVID-19 Survey of Consumers Data

To gain insights into the impact of the COVID-19 pandemic on financial security in the U.S., the Consumer Finance Institute at the Federal Reserve Bank of Philadelphia conducted a series of national surveys of consumers beginning in April 2020 and concluding in April 2022.

Investing in Skills: How Apprenticeships Are Growing

In a tight labor market, on-the-job training is on the rise. At the Philadelphia Fed, a new apprenticeship program is connecting workers who have skills and experience to a career in information technology.

Banking Trends: Regulatory Changes and Community Banks During COVID

Economic Insights — During the pandemic the banks that took advantage of the Community Bank Leverage Ratio (CBLR) acted quite differently than those that did not.