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News & Advisories

GDPplus Updated

May 26, 2017 — 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.

Business Conditions Index Updated

May 26, 2017 — The Federal Reserve Bank of Philadelphia’s Real-Time Data Research Center has updated the ADS business conditions index with information on real GDP for the first quarter of 2017 (second release).

Business Conditions Index Updated

May 25, 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 5/20/2017.

Aruoba Term Structure of Inflation Expectations Updated

May 24, 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.

April’s Coincident Indexes Show Increased Economic Activity in 46 States over the Past Three Months

May 24, 2017 — The Bank has released the April state coincident indexes, which measure current economic activity in each of the 50 states. This month’s coincident indexes suggest expansion in 46 states over the past three months. Read the report. PDF

Three Rate Hikes in 2017 Seem “Appropriate,” Says Harker

May 23, 2017 — Speaking at the Market News International Connect Roundtable in New York, Philadelphia Fed President Patrick Harker said the Fed may ease its foot off the gas pedal, but “we’re not talking about applying the brakes.” He also said the timing for unwinding the Fed’s balance sheet isn’t “tied to a specific date or number,” although he thinks “we’ll start sometime this year” and that “markets will get a heads up with a good amount of time.” Read the press release. Read the speech.