Article
How Effective Are Place-Based Industrial Policies?
07 Nov ’23
Research in Focus — Enghin Atalay of the Philadelphia Fed and his coauthors study place-based subsidy programs, including their impact on reducing wage inequality between Turkey’s various provinces.
Featured Work
Working Paper
Climate Shocks in the Anthropocene Era: Should Net Domestic Product Be Affected by Climate Disasters?
WP 23-24 – How to include climate costs in measures of growth? Property damages from climate change have cost us well over $1 trillion. We show how climate costs, by raising depreciation, result in slower growth of U.S. net domestic product.
Working Paper
Urban Renewal and Inequality: Evidence from Chicago’s Public Housing Demolitions
WP 23-19 – This paper studies the impacts on individuals’ welfare of public housing demolitions sponsored by the HOPE VI program in Chicago.
Working Paper
The Evolution of Local Labor Markets After Recessions
WP 22-16/R – Local areas that have more severe employment losses during recessions experience highly persistent declines in employment, population, employment-to-population ratios, and earnings per capita.
Featured Data
Manufacturing Business Outlook Survey
Monthly survey of manufacturers in the Third District
Updated: 16 Nov ’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: 22 Nov ’23
Nonmanufacturing Business Outlook Survey
Monthly survey of nonmanufacturing businesses in the Third District
Updated: 21 Nov ’23
Third District Beige Book
Qualitative assessment of economic conditions in the Third District released prior to each FOMC meeting
Updated: 29 Nov ’23