February 21, 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 2/16/2019.
February 21, 2019 — Manufacturing conditions in the region weakened this month, according to firms responding to the February Manufacturing Business Outlook Survey. The index for current manufacturing activity in the region decreased from a reading of 17.0 in January to -4.1 this month. The survey’s indexes for future conditions were mostly steady, with firms remaining generally optimistic about growth over the next six months. Read the report.
February 14, 2019 — Philadelphia Fed President Patrick Harker spoke about building successful teams, listening to advice, continuous learning, and other aspects of leadership to prospective MBA candidates at the University of Delaware. Read the speech.
February 13, 2019 — Philadelphia Fed President Patrick Harker gave an economic outlook and focused on skills and the workforce to the Jewish Business Network in Philadelphia. Harker said that employers struggle to fill high-skilled jobs, which are less likely to be automated. “The reality of the tight labor market means that employers have to start thinking creatively and long term about how they’re going to address the gap between the skills they want and need and those available in the labor pool,” he said.
February 1, 2019 — Unemployment rates for January are expected to decrease in Delaware and remain unchanged in Pennsylvania and New Jersey, according to the Federal Reserve Bank of Philadelphia’s nowcasts. Read the report.