Report
LIFE Survey Report – July 2026
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.
The Federal Reserve Bank of Philadelphia serves the Third District, which covers Delaware, southern New Jersey, and eastern and central Pennsylvania. We celebrate the rich history of our region and work to support a strong economy for the people and communities who call the Third District home.
Follow along as President Anna Paulson visits communities across the Third District to gain insights into regional economic conditions. Discover how these connections make a difference and how collaboration drives our mission forward.
News Release
Philadelphia Fed Names Skander Van den Heuvel Director of Research
21 Aug ’26
Van den Heuvel joins the Philadelphia Fed from the Federal Reserve Board, where he is currently senior associate director of the Division of Financial Stability.
Federal Open Market Committee (FOMC) Releases Statement
The FOMC approved the following statement for release by a 12 – 0 vote:
The FOMC decided to raise the target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 percent, in support of the Federal Reserve's dual mandate. The FOMC is continuing its policy of maintaining ample reserves in the banking system.
Economic activity is expanding at a solid pace. While uncertainty remains elevated owing, in part, to geopolitical developments, domestic spending has been resilient. Productivity growth is strong, and capital investment is robust. Job gains have kept pace with the workforce, and the unemployment rate has changed little.
Inflation remains elevated. Today's policy action will support a timelier return to the FOMC's 2 percent goal. The FOMC will deliver price stability.
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Aruoba-Diebold-Scotti Business Conditions Index
10 Sep ’26
An index designed to track real business conditions at high observation frequency
Page
Money in Motion Exhibit
04 Jun ’26
Money in Motion is a dynamic, interactive experience that brings monetary history to life. Open Monday–Friday year-round, 9:30 a.m.–4:30 p.m. (Last admission is at 4:00 p.m.)
Article
Beyond Steel: The Lehigh Valley's Next Success Story
10 Aug ’26
Philadelphia Fed President and CEO Anna Paulson traveled to Allentown in Pennsylvania’s Lehigh Valley to explore how the region has transformed into a flourishing economic hub.
Event
Oct
8
2026
Stronger Together: Strategies for Cyber and Fraud Resilience
9:00 a.m.–4:00 p.m. ET
Virtual