Working Paper
Has COVID Reversed Gentrification in Major U.S. Cities? An Empirical Examination of Residential Mobility in Gentrifying Neighborhoods During the COVID-19 Crisis
WP 22-20 – This paper examines whether neighborhoods that had been gentrifying lost their appeal during the pandemic because of COVID-induced health risks and increased work-from-home arrangements.
Featured Work
Working Paper
The Causal Effects of Lockdown Policies on Health and Macroeconomic Outcomes
WP 22-18 – We assess the causal impact of epidemic-induced lockdowns on health and macroeconomic outcomes. We find that additional government-mandated mobility curtailments would have reduced deaths at a very small cost in terms of GDP.
Report
Examining Resolution of Mortgage Forbearances and Delinquencies – July/August 2022
New in July/August — “Are Mortgage Delinquencies and Forbearances Settling into a New Normal?”
Article
Labor Market Recovery During the COVID-19 Pandemic
Economic Insights — After most recessions, the labor market recovers slowly. But the labor market didn't follow the typical playbook after COVID hit.
Featured Data

CFI COVID-19 Survey of Consumers Data
To gain insights into the impact of the COVID-19 pandemic on financial security in the U.S., the Consumer Finance Institute at the Federal Reserve Bank of Philadelphia conducted a series of national surveys of consumers beginning in April 2020 and concluding in April 2022.
Updated: 15 Nov ’22

Weekly Labor Market Information
Analysis of unemployment insurance claims and other weekly data for the tri-state region and the U.S.
Updated: 10 Nov ’21

COVID-19 Business Outlook Survey
Special survey (now monthly, previously weekly) of firms in the Third District
Updated: 23 Dec ’20