Regional Economic Analysis

Our regional economic analysts track the health of state and metro economies within and beyond the Third District. Their surveys, econometric models, and other analyses inform the public and advise policymakers about monetary policy, regional economic development, and other issues. To gauge the impact of the 2020 pandemic and recession, our team created a special survey and increased outreach efforts.

About Our Products

In the sections below, you will find links to:

  • Results from six ongoing surveys of firm activity in the Third District;
  • Monthly releases from three analytical models, analysis of weekly labor market data during the COVID-19 pandemic, and brief reports on other regional economic issues; and
  • Charts and data for popular statistics covering each of our three states and relevant metropolitan statistical areas (MSAs).

NOTICE: Given the sudden, extreme impact of the pandemic on initial jobless claims, our standard approaches for estimating state leading indexes and unemployment rates are no longer appropriate. As a result, we have suspended release of the State Leading Indexes and State Unemployment Rate Nowcasts indefinitely.

Regional Surveys

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Third District Beige Book

Qualitative assessment of economic conditions in the Third District released prior to each FOMC meeting

Updated: 21 Oct ’20

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COVID-19 Business Outlook Survey

Special survey (now monthly, previously weekly) of firms in the Third District

Updated: 08 Oct ’20

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Manufacturing Business Outlook Survey

Monthly survey of manufacturers in the Third District

Updated: 19 Nov ’20

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Nonmanufacturing Business Outlook Survey

Monthly survey of nonmanufacturing businesses in the Third District

Updated: 20 Oct ’20

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South Jersey Business Survey

Quarterly survey of business establishments in the South Jersey region

Updated: 08 Oct ’20

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Chamber of Commerce for Greater Philadelphia Economic Outlook Survey

Annual survey of business establishments in the Greater Philadelphia area

Updated: 17 Jan ’20

Regional Analysis

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Weekly Labor Market Information

Analysis of unemployment insurance claims and other weekly data for the tri-state region and the U.S.

Updated: 19 Nov ’20

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State Coincident Indexes

Monthly index of general economic conditions for each of the 50 states

Updated: October 23, 2020

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State Leading Indexes

Six-month forecast of the coincident index for each of the 50 states

Updated: April 29, 2020

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February 2020 Nowcasts

Monthly prediction of unemployment rates for Delaware, New Jersey, and Pennsylvania

Updated: March 16, 2020

Regional Charts & Data

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Tri-State Tracking

Statewide summaries of economic conditions using employment, housing, and personal income data

Updated: 06 Nov ’20

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Regional Charts

Snapshots of employment and housing data for the three states and relevant MSAs

Updated: 20 Nov ’20

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Third District Historical Data

Downloadable data for popular statistics covering each of our three states and relevant MSAs

Updated: 20 Nov ’20