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First District: Boston Second District: New York Third District: Philadelphia Fourth District: Cleveland Board of Governors Board of Governors Fifth District: Richmond Sixth District: Atlanta Seventh District: Chicago Eighth District: St. Louis Ninth District: Minneapolis Tenth District: Kansas City Eleventh District: Dallas Twelfth District: San Francisco Twelfth District: San Francisco
National Bureau of Economic Research (NBER)
Business Cycle Dating Committee Page - Watch NBER's Jim Poterba on CNBC Dec2009 - Sep2010.

Last Peak in U.S. Economic Activity was December 2007 and Current Trough was June 2009
Previous Peak in U.S. Economic Activity was March 2001 and Previous Trough was November 2001.

More Federal Reserve System News

Economic Events this Week
4/6Mon10:00AM : Mar Conference Board Employment Trends Index
4/7Tue07:00AM : Mar NFIB Small Business Index
4/7Tue07:45AM : Weekly TRE-GS Store Sales Index
4/7Tue09:00AM : Weekly Redbook Retail Sales Index
4/7Tue10:00AM : Feb Job Openings and Labor Turnover Survey
4/7Tue03:00PM : Feb Consumer Credit
4/8Wed07:00AM : Weekly MBA Mortgage Applications Survey
4/8Wed10:00AM : Mar Metropolitan Area Employment and Unemployment
4/8Wed10:30AM : Weekly U.S. Petroleum Status Report
4/8Wed02:00PM : Federal Open Market Committee Meeting Minutes : 03/18/20
4/9Thu08:30AM : Mar Producer Price Index
4/9Thu08:30AM : Mar Producer Price Index, Ex Food and Energy
4/9Thu08:30AM : Weekly Initial Jobless Claims
4/9Thu10:00AM : Feb Wholesale Inventories
4/9Thu10:00AM : Mid-Apr Univ. of Michigan Consumer Sentiment Index
4/10Fri08:30AM : Mar Consumer Price Index
4/10Fri08:30AM : Mar Consumer Price Index, Ex Food and Energy
4/10Fri08:30AM : Mar Real Earnings
4/10Fri02:00PM : Mar U.S. Treasury Budget
4/10FriUS Holiday: Good Friday
Latest Economic Results Provided by
Consumer Credit Increased at an annual rate of 6.50% in February

04/07/20 - In February, consumer credit increased at a seasonally adjusted annual rate of 6-1/2 percent. Revolving credit increased at a 4-1/2 percent annual rate, while nonrevolving credit increased at a 7 percent annual rate.


Job Openings little changed at 6.9 million in February

04/07/20 - The number of job openings was little changed at 6.9 million on the last business day of February, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.9 million and 5.6 million, respectively. Within separations, the quits rate was unchanged at 2.3 percent and the layoffs and …more…

NFIB Small Business Optimism Index fell 8.1 points to 96.4 in March

04/07/20 - The NFIB Small Business Optimism Index fell 8.1 points in March to 96.4, the largest monthly decline in the survey’s history. Nine of the 10 Index components declined, which is evidence that economic disruptions are escalating on Main Street as small businesses struggle to keep their doors open. The small business sector is anticipating …more…

Employment Trends Index plummeted in March to 60.39

04/06/20 - The Conference Board Employment Trends Index™ (ETI) plummeted in March, following a decline in February. The index now stands at 60.39, down from 109.27 (an upward revision) in February. The index is down 45.0 percent from a year ago.

“The Employment Trends Index plummeted in March, almost entirely due to the historically large increase in initial claims for unemployment,” said Gad Levanon, Head of The Conference Board Labor Markets Institute. “This period of declining employment is historically severe …more…

ISM Non-Manufacturing Index decreased to 52.5% in March

04/03/20 - Economic activity in the non-manufacturing sector grew in March for the 122nd consecutive month, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM® Report On Business.®

The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management® (ISM®) Non-Manufacturing Business Survey Committee: “The NMI® registered 52.5 percent, 4.8 percentage points lower than the February reading of 57.3 …more…

March Employment fell by 701,000
Unemployment Rate rose to 4.4%

04/03/20 - Total nonfarm payroll employment fell by 701,000 in March, and the unemployment rate rose to 4.4 percent, the U.S. Bureau of Labor Statistics reported today. The changes in these measures reflect the effects of the coronavirus (COVID-19) and efforts to contain it. Employment in leisure and hospitality fell by 459,000, mainly in food services …more…

New orders for manufactured goods unch% in February

04/02/20 - Summary
New orders for manufactured goods in February, down three of the last four months, decreased $0.1 billion or virtually unchanged to $497.4 billion, the U.S. Census Bureau reported today. This followed a 0.5 percent January decrease. Shipments, down two consecutive months, decreased $0.8 billion or 0.2 percent to $500.3 billion. …more…

Weekly Initial Unemployment Claims Increase 3,341,000 to 6,648,000

04/02/20 - In the week ending March 28, the advance figure for seasonally adjusted initial claims was 6,648,000, an increase of 3,341,000 from the previous week's revised level. This marks the highest level of seasonally adjusted initial claims in the history of the seasonally adjusted series. The previous week's level was revised up by 24,000 from …more…

Goods and Services Deficit Increased in February 2020

04/02/20 - The nation's international trade deficit in goods and services decreased to $39.9 billion in February from $45.5 billion in January (revised), as imports decreased more than exports. The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $39.9 billion in February, down $5.5 …more…

New York Purchasing Managers Business Activity fell to 12.9 in March

04/02/20 - In March, New York City purchasing managers reported some of the lowest findings on record as the coronavirus pandemic shut down the economy, according to the survey taken by the Institute for Supply Management New York.

New York Metro
Current Business Conditions fell 39.0 points to 12.9 in March, the lowest finding on record. The Six Month Outlook fell 15.9 points to 37.9 in March but has not yet reached the lowest level on record. In November 2008, the outlook was at 31.0, and in February …more…

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Philadelphia Federal Reserve
10 N Independence Mall W
Philadelphia, PA 19106
(Seventh & Arch St Entrance)

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Philadelphia, PA

CFA Society of Philadelphia

Bond Club of Philadelphia - Economic Events and News

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