How Is Innovation Impacted by Social Distancing?

Research in Focus – The Philly Fed's Jeffrey Lin and Chris Severen join three other economists in studying how social restrictions during the 1918 pandemic affected innovation.

Featured Work

The Impact of Individual Travel Behavior and Government Restrictions on Controlling the Spread of COVID-19

Research in Focus — Philadelphia Fed economists Jeff Brinkman and Kyle Mangum use county-level mobility data to investigate how government restrictions and personal choice to avoid travel affected the spread of COVID-19.

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.

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.

Featured Data

Generic line chart

Manufacturing Business Outlook Survey

Monthly survey of manufacturers in the Third District

Updated: 15 Jul ’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

Generic line chart with two lines

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: 21 Jul ’21

Generic line chart

Nonmanufacturing Business Outlook Survey

Monthly survey of nonmanufacturing businesses in the Third District

Updated: 20 Jul ’21

Generic bar graph with bars of various heights

Third District Beige Book

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

Updated: 14 Jul ’21