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President Paulson Sees Banking Innovation in Action on a “Gelt Bus”

Philadelphia Fed President and CEO Anna Paulson visited Lancaster County, Pennsylvania, to see how a community bank is addressing regional banking needs and to gain insights from local business leaders on economic conditions and impacts from artificial intelligence and automation.

Discover Our District

The Federal Reserve Bank of Philadelphia serves the Third District, which covers Delaware, southern New Jersey, and eastern and central Pennsylvania. The District’s economy is driven by a range of industries, including utilities, “eds and meds,” tourism, and agriculture. 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.

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A woman reviews paperwork at the kitchen table.

LIFE Survey Report – January 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.

Aruoba-Diebold-Scotti Business Conditions Index

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

A man and woman work in a robotics lab.

Has Generative Artificial Intelligence Adoption Impacted Labor Demand at Third District Firms?

According to a survey from late October 2025, about half of the respondent firms in Delaware, southern New Jersey, and eastern and central Pennsylvania are using generative artificial intelligence, but few see a need to reduce their workforce.

The Geographic and Economic Implications of Working from Home

Economic Insights — More and more workers work from home. How will this affect different regions, and the economy?

Event

Apr

3

2026

2026 Fintech and Financial Institutions Research Conference

Federal Reserve Bank of Philadelphia