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News & Advisories

Business Conditions Index Updated

April 25, 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 4/20/2019.

March’s Coincident Indexes Show Increased Economic Activity in 44 States over the Past Three Months

April 24, 2019 — The Bank has released the March state coincident indexes, which measure current economic activity in each of the 50 states. This month’s coincident indexes suggest expansion in 44 states over the past three months. Read the report.

Current Indicators Suggest Nonmanufacturing Activity Continued to Grow in April

April 23, 2019 — Responses to the April Nonmanufacturing Business Outlook Survey suggest nonmanufacturing activity continued to expand in the region. The diffusion index for current general activity at the firm level inched up 1 point to 39.2 in April. The respondents’ expectations for future growth at their firms and in the region changed little from last month and remain positive. Read the report.

Regional Manufacturing Activity Continued to Expand in April

April 18, 2019 — Regional manufacturing activity continued to grow in April, according to results from this month’s Manufacturing Business Outlook Survey. The index for current manufacturing activity in the region decreased from a reading of 13.7 in March to 8.5 this month. The survey’s future indexes indicate that respondents continue to expect growth over the next six months, but the readings for future activity and employment continued to trend lower. Read the report.

Beige Book Released Today

April 17, 2019 — On balance, business activity in the Third District resumed a slight pace of growth during the current Beige Book period following a brief pause in the prior period. Weak global demand and trade uncertainty constrained expansions, while a tight labor market constrained hiring and spurred wage increases. Inflation remained modest, and firms remained positive about the six-month outlook. Read the national summary.   Read the Philadelphia summary.

Opportunity Occupations Revisited: Exploring Employment for Sub-Baccalaureate Workers Across Metro Areas and Over Time

April 17, 2019 — This report finds that higher-wage jobs for workers without a bachelor’s degree account for 21.6 percent of total employment, but that share varies widely across the nation’s largest metro areas. Read the press release. Read the report.

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