July 25, 2017 — Business activity in the region's nonmanufacturing sector continued to expand but at a slower pace, according to firms responding to the July Nonmanufacturing Business Outlook Survey. The diffusion index for general activity at the firm level decreased from 28.0 in June to 18.1 in July. Firms’ six-month forecasts remain positive but continue a trend of moderation. Read the report.
July 20, 2017 — 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 7/15/2017.
July 20, 2017 — Manufacturing activity continued to grow in July but at a slower pace, according to this month’s Manufacturing Business Outlook Survey. The index for current manufacturing activity in the region decreased from a reading of 27.6 in June to 19.5 this month. The survey’s six-month indicators remained positive, with firms expecting growth to continue. Read the report.
July 13, 2017 — The South Jersey Business Survey for the second quarter of 2017 has been released. The survey is based on responses from members of the Chamber of Commerce Southern New Jersey. Read the report.
July 12, 2017 — Overall, economic activity in the Third District appeared to slow to a slight pace of growth, as consumer spending declined sharply for apparel, and demand softened for autos, new home construction, and nonresidential construction. Most other sectors continued to grow at a modest pace. On balance, employment and wages continued to grow modestly, and prices grew only slightly. Read the national summary. Read the Philadelphia summary.