Female warehouse worker in safety vest scanning items on shelf.

Workforce & Economic Development


Worker Voices: Shifting Perspectives and Expectations

Worker Voices provides a unique view into how job seekers and workers without a four-year degree navigated the labor market during the COVID-19 pandemic and through the recovery — and how it changed what they expect from a job.

Understanding the Effects of U.S. Home Price Shocks on Household Consumption and Output

Research in Focus — Ronel Elul of the Philly Fed and his coauthors examine the impact on consumption (arising from financial constraints and other channels) of the post-2006 housing price declines.

CFI COVID-19 Survey of Consumers

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.


Aruoba-Diebold-Scotti Business Conditions Index

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

A person holds three credit cards in their hands.

The Conundrum of Zero APR: An Analytical Framework

WP 23-06 – Are zero APR promotional rates on credit cards optimal for consumers? We analyze this question using the standard model of unsecured lending. We conclude that such a contractual arrangement is suboptimal in that environment.

Highlighting the Labor Market’s New Complexities; Listening to Worker Voices

National Association for Business Economics (NABE) Monetary Policy and Outlook Webinar | Philadelphia, PA





New Perspectives on Consumer Behavior in Credit and Payments Markets: Call for Papers

Paper Submission Deadline: June 15, 2023