Report
LIFE Survey Report – January 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.
About
Presidential Search
15 Nov ’24
The Federal Reserve Bank of Philadelphia has initiated a nationwide search for its next President and CEO. Learn more about how we are ensuring an open, transparent, and inclusive search, get the latest information and news, and find out how you can be involved.
Mortgage Fairness Explorer
04 Feb ’25
The Mortgage Fairness Explorer is an online appendix to our working paper that allows users to visualize fairness trends in the U.S. mortgage market by state and year across competing and widely used definitions of fairness.
The Economy
A source for Philadelphia Fed research, data, and perspectives on labor markets and economic opportunity.
February 2025 Nonmanufacturing Business Outlook Survey
25 Feb ’25
A monthly survey of nonmanufacturers in the Third Federal Reserve District
Working Paper
The Value of Piped Water and Sewers: Evidence from 19th Century Chicago
WP 25-07 – The value of land doubled when sewer and water lines were installed in 19th century Chicago. The aggregate increase in land values exceeded the cost of installing sewer and water by a factor of 60.
Article
How Post–Global Financial Crisis Regulations Impact Dealer Inventories and Liquidity in the OTC Market for U.S. Corporate Bonds
20 Feb ’25
Research in Focus — The Philadelphia Fed’s Benjamin Lester and coauthors studied post-2009 regulations in OTC markets and their effect on bond dealer inventory costs, market liquidity, and welfare.