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News & Advisories

Special Weekly Business Outlook Survey on COVID-19 Released

July 2, 2020 — The Federal Reserve Bank of Philadelphia has released its weekly survey that tracks the impacts of the COVID-19 pandemic on businesses in the Third District. Read the latest findings.

Business Conditions Index Updated

July 2, 2020 — 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 6/27/2020 and payroll employment for June 2020.

Aruoba Term Structure of Inflation Expectations Updated

June 30, 2020 — The Federal Reserve Bank of Philadelphia’s Real-Time Data Research Center has updated the Aruoba Term Structure of Inflation Expectations (ATSIX), a smooth, continuous curve of inflation expectations three to 120 months ahead. The ATSIX is created by using a factor model that optimally combines several major surveys.

May’s Coincident Indexes Show Decreased Economic Activity in all 50 States over the Past Three Months

June 26, 2020 — The Bank has released the May state coincident indexes, which measure current economic activity in each of the 50 states. This month’s coincident indexes indicated declines in all 50 states over the past three months. Read the note in the report regarding the impact of the COVID-19 pandemic on the coincident indexes. Read the report.

GDPplus Updated

June 25, 2020 — The Federal Reserve Bank of Philadelphia’s Real-Time Data Research Center has updated GDPplus for the U.S. Bureau of Economic Analysis’s release today of quarterly data from the national income and product accounts.

Current Nonmanufacturing Indicators Continue to Climb in June from Historic Lows

June 23, 2020 — Nonmanufacturing firms reported continued weakness in regional nonmanufacturing activity this month, according to results from the Nonmanufacturing Business Outlook Survey. However, most of the survey’s current indicators improved from readings last month. The diffusion index for current general activity at the firm level rose sharply for the second consecutive month from -41.4 in May to 7.3 in June. The future activity indexes suggest that respondents expect improvement at their firms and in the region over the next six months. Read the report.

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