Manufacturing Activity Continued to Improve in September

Manufacturing activity in the region continued to improve in September, according to firms responding to this month's Manufacturing Business Outlook Survey. The diffusion index of current activity increased 11 points to 12.8. Read the report.

The Fall 2016 Issue of Cascade Is Now Available

The latest issue of Cascade focuses on foundation grantmaking for community and economic development, income inequality and sustainable urban development, early childhood education, impact investing, and gentrification. Read the issue.

New Federal Reserve Research on Philanthropic Grantmaking Across the U.S.

New research by the Federal Reserve Banks of Philadelphia and Atlanta investigates and explains the substantial geographic variation in philanthropic support for community and economic development activities across metro areas in the U.S. Learn more here.

Tri-State Tracking Updated

The Philadelphia Fed has updated its monthly Tri-State Tracking series that provides statewide summaries of economic conditions using monthly and quarterly data of employment, housing, and personal income. Read the reports for Delaware , New Jersey , and Pennsylvania .

Read the Latest Economic Insights

In this issue: The surprising implications of failing to account for temporary layoffs, lessons from a volatile era in U.S. banking history, and the dramatic growth of a risky category of lending. Download the entire issue.

The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank holding companies, and provides financial services to depository institutions and the federal government. One of the 12 regional Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the Philadelphia Federal Reserve Bank serves eastern Pennsylvania, southern New Jersey, and Delaware. Learn more about us.