Charles I. Plosser

About Us

Statement

In Memoriam: President Charles I. Plosser

Read a message from the Philadelphia Fed regarding the passing of Charles I. Plosser.

Large Bank Credit Card and Mortgage Data

The Large Bank Consumer Credit Data are based on Y-14M credit card and mortgage data provided by the largest financial institutions in the United States.

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Two parents read bills together while their young son plays.

Mortgage Markets

Working Paper

Recurring-Payment Sensitivity in Household Borrowing

WP 25-22 – This paper provides evidence of payment sensitivity in household borrowing decisions: Mortgage borrowers respond to the size of the recurring payment as opposed to discounted total loan costs when choosing between loan options.

August 2025 Nonmanufacturing Business Outlook Survey

A monthly survey of nonmanufacturers in the Third Federal Reserve District

Anna Paulson

About Us

Statement

A Message from President and CEO Anna Paulson

Read a message from Philadelphia Fed President and CEO Anna Paulson on her first day in office.

Macroeconomics

Article

Understanding Job Growth

Economic Insights — Even seemingly healthy job growth might hide weaknesses in the economy if a large portion of that growth happens in acyclical sectors such as health care and government.

Event

Sep

16-18

2025

Digital Access Research Forum

Kansas City, MO