
Article
How Restrictions on Teenage Driving Affect Dropout Rates
25 Jan ’23
Research in Focus — For teenagers, few choices weigh as heavily as whether to finish high school. Does being able to drive affect their decision? This study explores several possible outcomes.
Featured Work
Working Paper
The Push of Big City Prices and the Pull of Small Town Amenities
WP 22-41 – As house prices rise in large, housing-constrained cities, what are the implications for places that have room to grow? We explore how amenities have differentially driven population and price dynamics in big cities and small towns.
Article
Barriers, Blockages, and Blacktop: When Freeways Traverse Metropolitan Areas, Urban Neighborhoods Often Face Negative Consequences
Research in Focus — The U.S. freeway network was conceived as a contributor to regional growth. Evidence shows, however, that freeways also brought detractions, especially for urban neighborhoods.
Article
Regional Spotlight: Measuring State Employment
Economic Insights — The Bureau of Labor Statistics revises its state employment numbers only once a year, but by using the same data, the Philadelphia Fed can revise those numbers quarterly.
Featured Data

Manufacturing Business Outlook Survey
Monthly survey of manufacturers in the Third District
Updated: 19 Jan ’23

State Leading Indexes
Six-month forecast of the coincident index for each of the 50 states
Updated: April 29, 2020

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

State Coincident Indexes
Monthly index of general economic conditions for each of the 50 states
Updated: 27 Jan ’23

Nonmanufacturing Business Outlook Survey
Monthly survey of nonmanufacturing businesses in the Third District
Updated: 24 Jan ’23

Third District Beige Book
Qualitative assessment of economic conditions in the Third District released prior to each FOMC meeting
Updated: 18 Jan ’23