Regional Spotlight: How Third District Firms Were Impacted by COVID-19

Economic Insights — Starting early in the pandemic, Elif Sen began surveying Third District businesses every week. The first few weeks of responses tell us a lot about how they're faring during these unprecedented times.

Featured Work

Regional Economics

Working Paper

The Well-Being of Nations: Estimating Welfare from International Migration

WP 19-33 Revised - The limitations of GDP as a measure of welfare are well known. We propose a new method of estimation the well-being of nations.

Regional Economics

Working Paper

What Future for History Dependence in Spatial Economics?

WP 20-47 - History (sometimes) matters for the location and sizes of cities and neighborhood segregation patterns within cities.

Regional Economics

Working Paper

Lockdowns and Innovation: Evidence from the 1918 Flu Pandemic

WP 20-46 — Does social distancing harm innovation? We estimate the effect of non-pharmaceutical interventions (NPIs) — policies that restrict interactions in an attempt to slow the spread of disease on local invention.

Featured Data

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Manufacturing Business Outlook Survey

Monthly survey of manufacturers in the Third District

Updated: 18 Feb ’21

Map of the United States

State Leading Indexes

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

Updated: April 29, 2020

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COVID-19 Business Outlook Survey

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

Updated: 23 Dec ’20

November 2019 Map

State Coincident Indexes

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

Updated: 29 Jan ’21

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Nonmanufacturing Business Outlook Survey

Monthly survey of nonmanufacturing businesses in the Third District

Updated: 23 Feb ’21

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Third District Beige Book

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

Updated: 13 Jan ’21