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.
An index designed to track real business conditions at high observation frequency
Get the Philadelphia Fed’s latest information, resources, and research on the coronavirus pandemic's impact on businesses, households, and communities.
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.
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.
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.