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News & Advisories

Business Conditions Index Updated

October 17, 2019 — The Federal Reserve Bank of Philadelphia’s Real-Time Data Research Center has updated the ADS business conditions index with information on initial jobless claims for the week ending 10/12/2019 and industrial production for September 2019.

Current Manufacturing Indexes Suggest Growth in October

October 17, 2019 — Manufacturing activity in the region continued to grow, according to results from the October Manufacturing Business Outlook Survey. The diffusion index for current general activity remained positive but fell 6 points this month to 5.6. The survey’s future activity indexes remained positive, suggesting continued optimism about growth for the next six months. Read the report.

Beige Book Released Today

October 16, 2019 — On balance, business activity in the Third District continued at a modest pace of growth during the current Beige Book period. Further labor market tightening caused “acute pressure,” described as increased hiring difficulty, constrained growth, and higher wages. Still, wages grew moderately and prices rose modestly overall. Most firms expressed a positive outlook, with ongoing caution amid heightened uncertainty. Read the national summary.   Read the Philadelphia summary.

Third Quarter 2019 South Jersey Business Survey Released

October 10, 2019 — The South Jersey Business Survey for the third quarter of 2019 has been released. The survey is based on responses from members of the Chamber of Commerce Southern New Jersey. Read the report

Analysis: September Unemployment Rate Nowcasts

October 4, 2019 — Unemployment rates for September are expected to decrease in New Jersey and remain unchanged in Pennsylvania and Delaware, according to the Federal Reserve Bank of Philadelphia’s nowcasts. Read the report. PDF

Tri-State Tracking Updated

October 4, 2019 — The Philadelphia Fed has updated its monthly Tri-State Tracking series that provides statewide summaries of economic conditions using monthly and quarterly data of employment, housing, and personal income. The latest update includes monthly data for employment, building permits, and mortgage delinquencies through August 2019 and quarterly data for house prices and personal income through the second quarter of 2019.  Read the reports for Delaware PDF , New Jersey PDF , and Pennsylvania PDF .

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