June 27, 2017 — “Trade fosters peace and cooperation” among nations, said Philadelphia Fed President Patrick Harker in a June 27 speech to the European Economics and Financial Centre in London, UK. But he said help should be given to the workers and industries that are negatively affected by trade. Read the press release. Read the speech.
June 22, 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 6/17/2017.
June 21, 2017 — 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.
June 21, 2017 — 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 suggest expansion in 44 states over the past three months. Read the report.
June 20, 2017 — Business activity in the region's nonmanufacturing sector continued to expand, according to firms responding to the June Nonmanufacturing Business Outlook Survey. The diffusion index for general activity at the firm level rose from 25.8 in May to 28.0 in June. Expectations for growth over the next six months remain optimistic. Read the report.
June 16, 2017 — The Philadelphia Fed has released the Livingston Survey for June 2017. Started in 1946, the semi-annual Livingston Survey is the oldest continuous survey of economists’ expectations. Read the survey.