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Sunday, February 14, 2016

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  • James D. NarronPhiladelphia Fed Names First Vice President and Chief Operating Officer

    The Federal Reserve Bank of Philadelphia today announced the appointment of James D. Narron to first vice president and chief operating officer, effective April 1, 2016. Narron is currently a senior vice president and product manager at the Federal Reserve Bank of San Francisco. Narron will succeed
    D. Blake Prichard who will retire on February 29, 2016, after more than four decades of service to the Federal Reserve System. Read the release.

  • Survey of Professional ForecastersForecasters Predict Lower Growth over the Next Three Years

    The outlook for growth in the U.S. economy over the next three years looks weaker now than it did three months ago, according to the 40 participants responding to the First Quarter Survey of Professional Forecasters. Their outlook for the labor market is slightly positive, and the panel expects real GDP to grow at an annual rate of 2.0 percent this quarter and 2.5 percent next quarter. Read the report.

  • Tristate TrackingTri-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 PDF , New Jersey PDF , and Pennsylvania PDF.

  • Coincident IndexesDecember’s Leading Indexes Suggest Expansion in 42 States into the Second Quarter of 2016

    The Bank has released December’s leading indexes, which are a six-month forecast of the state coincident indexes. The coincident indexes measure current economic activity in each of the 50 states. This month's leading indexes suggest economic expansion in 42 states into the second quarter of 2016. Read the report. PDF

  • Philadelphia Chamber of CommerceSurvey: Greater Philadelphia Chamber Members Optimistic About Business Conditions in 2016

    A Bank survey of Greater Philadelphia Chamber of Commerce members shows that business conditions improved in 2015 compared with 2014. Survey respondents expressed optimism that conditions will continue to improve in 2016. Read the report. Read the press release.

  • Coincident IndexesDecember’s Coincident Indexes Show Increased Economic Activity in 39 States

    The Bank has released the December state coincident indexes, which measure current economic activity in each of the 50 states. This month’s coincident indexes suggest expansion in 39 states. Read the report. PDF

  • The Federal Reserve Bank of PhiladelphiaThe 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.

Latest News

Economic Updates Last update: February 11, 2016, 10:00 a.m. ET

Business Outlook
Coincident Indexes
Leading Indexes
ADS Business
State Coincident Indexes
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State Coincident Indexes

Combine four state-level indicators to summarize current economic conditions in a single statistic.

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State Leading Indexes
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State Leading Indexes

Predict the six-month growth rate of the state's coincident index.

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Aruoba-Diebold-Scotti Business Conditions Index: Plot Since Last Peak
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Aruoba-Diebold-Scotti Business Conditions Index

Designed to track real macroeconomic activity at high frequency. Last updated on February 11, 2016.

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