Federal Open Market Committee (FOMC) Releases Statement
In light of the implications of global developments for the economic outlook as well as muted inflation pressures, the FOMC decided to lower the target range for the federal funds rate to 1-3/4 to 2 percent.Read the Statement
Measuring and Understanding Home Repair Costs
This report, published jointly by the Federal Reserve Bank of Philadelphia and PolicyMap, estimates the national cost of addressing substandard housing conditions at $126.9 billion.Read the Report
How Did Dodd–Frank Change Foreign Banking in the U.S.?
One legacy of the Great Recession was the Wall Street Reform Act, but this act affected not only domestic banks. James DiSalvo examines how it also changed how foreign banks operate in the U.S.Read the Article
The Effects of Gentrification
How do gentrifying neighborhoods change, and who benefits? A new paper suggests that gentrification creates both challenges and opportunities for original resident adults and children, with important implications for housing policy.Read the Paper
Why did urban interstate construction in the 1950s and 1960s inspire mass protests and spur migration to the suburbs? A new paper sheds light on the quality of life effects of highways and the benefits to burying or capping them.Read the Paper
Business Conditions Index Updated
September 17, 2019
Partisan Conflict Index Updated
September 11, 2019
Analysis: August Unemployment Rate Nowcasts
September 6, 2019
Tri-State Tracking Updated
September 6, 2019
Beige Book Released Today
September 4, 2019
July’s Leading Indexes Suggest Expansion in 43 States into the First Quarter of 2020
August 30, 2019
A monthly survey of manufacturers in the Third Federal Reserve District.
A monthly survey of nonmanufacturers in the Third Federal Reserve District.
Combine four state-level indicators to summarize current economic conditions in a single statistic.
Predict the six-month growth rate of the state's coincident index.