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Sunday, December 21, 2014

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News & Advisories

Indicators Suggest Slower Growth Compared with November

December 18, 2014 — Manufacturing growth remained positive but slowed from its pace in November, according to firms responding to the latest Manufacturing Business Outlook Survey. The diffusion index of current activity decreased from a reading of 40.8 in November to 24.5 this month. Read the report. Listen to the audio conference. YouTube

Winter 2015 Issue of Cascade Highlights Affordable Housing

December 18, 2014 — The new installment of Cascade focuses on a range of affordable housing issues such as renters’ housing costs, the preservation of affordable rental housing in the Third District, and a PSE&G program that finances energy improvements in multifamily buildings. The issue also includes coverage of a research study on housing alternatives for homeless families and the housing repair programs Habitat for Humanity and Rebuilding Together. Read Cascade.

Business Conditions Index Updated

December 18, 2014 — The Federal Reserve Bank of Philadelphia’s Real-Time Data Research Center has updated the ADS business conditions index with information on initial jobless claims for the week ending 12/13/2014.

Business Conditions Index Updated

December 15, 2014 — The Federal Reserve Bank of Philadelphia’s Real-Time Data Research Center has updated the ADS business conditions index with information on industrial production for November 2014.

Bank Releases December Livingston Survey

December 12, 2014 — The Philadelphia Fed has released the Livingston Survey for December 2014. The survey summarizes the forecasts of economists from industry, government, banking, and academia. Read the survey. PDF

Business Conditions Index Updated

December 11, 2014 — The Federal Reserve Bank of Philadelphia’s Real-Time Data Research Center has updated the ADS business conditions index with information on initial jobless claims for the week ending 12/6/2014.

Philadelphia Fed Engages Korn Ferry to Conduct Presidential Search; Korn Ferry Sets Up Inquiry E-mail Box

November 14, 2014 — In the interest of helping the Federal Reserve Bank of Philadelphia conduct a broad search for its next president, executive search firm Korn Ferry has established an e-mail address to receive inquiries: PhiladelphiaFedPresident@KornFerry.com. The Philadelphia Fed announced earlier that it has retained the services of executive search firm Korn Ferry to conduct the search for its new president and CEO.

President Charles I. Plosser, 66, who has served as the Bank's president since August 2006, will retire effective March 1, 2015. The Bank will conduct a broad search and consider a diverse group of candidates from inside and outside the Federal Reserve System.

Media Contacts

Marilyn Wimp, ABC E-mail
Manager of Media Relations
(215) 574-4197
(267) 254-4555 (cell)

Daneil Mazone E-mail
Media Relations Representative
(215) 574-7163
(267) 535-1808 (cell)

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