Map of the Twelve Federal Reserve Districts
Image map of the United States with links to websites of the Federal Reserve Districts
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


Latest Economic Results Provided by OneWall.com
Kansas City Fed Manufacturing Activity was nearly flat in January

01/23/20 - Tenth District manufacturing activity was nearly flat in January while expectations for future activity expanded. The month-over-month prices for raw materials increased, while prices for finished products declined from a month ago. District firms continued to expect higher prices in the next …more…

U.S. Leading Economic Index declined 0.3% in December

01/23/20 - The Conference Board Leading Economic Index® (LEI)for the U.S. declined 0.3 percent in December to 111.2 (2016 = 100), following a 0.1 percent increase in November, and a 0.2 percent decline in October.

“The US LEI declined slightly in December, driven by large negative contributions from rising unemployment insurance claims and a drop in housing permits,” said Ataman Ozyildirim, Senior Director of Economic Research at The Conference Board. “The LEI has now declined in …more…

Weekly Initial Unemployment Claims Increase 6,000 to 211,000

01/23/20 - In the week ending January 18, the advance figure for seasonally adjusted initial claims was 211,000, an increase of 6,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 204,000 to 205,000. The 4-week moving average was 213,250, a decrease of 3,250 from the previous week's revised average. …more…

Existing-Home Sales increased 3.6% in December

01/22/20 - Existing-home sales grew in December, bouncing back after a slight fall in November, according to the National Association of Realtors®. Although the Midwest saw sales decline, the other three major U.S. regions reported meaningful growth last month.

Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 3.6% from November to a seasonally-adjusted annual rate of 5.54 million in December. Additionally, overall sales took a significant bounce, up …more…

Chicago Fed National Activity Index points to slower economic growth in December

01/22/20 - Led by declines in production-related indicators, the Chicago Fed National Activity Index (CFNAI) fell to –0.35 in December from +0.41 in November. Three of the four broad categories of indicators that make up the index decreased from November, and three of the four categories made negative contributions to the index in December. The …more…

Purchase Apps down, Refi's down in Latest MBA Weekly Survey

01/22/20 - Mortgage applications decreased 1.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 17, 2020.

The Market Composite Index, a measure of mortgage loan application volume, decreased 1.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 0.4 percent compared with the previous week. The Refinance Index decreased 2 …more…

Philadelphia Fed NonManufacturing Survey Suggest Activity continued to expand in January

01/21/20 - Responses to the January Nonmanufacturing Business Outlook Survey suggest continued expansion in nonmanufacturing activity in the region. The indexes for general activity at the firm level, new orders, and sales/revenues all rose. However, the index for full-time employment decreased. The firms continued to report overall increases in the …more…

Job Openings fell to 6.8 million in November

01/17/20 - The number of job openings fell to 6.8 million (-561,000) on the last business day of November, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.8 million and 5.6 million, respectively. Within separations, the quits rate was unchanged at 2.3 percent and the layoffs and …more…

University of Michigan Consumer Confidence Preliminary January Results virtually unch to 99.1

01/17/20 - Consumer sentiment remained virtually unchanged in early January, differing by just 0.2 Index-points from December. This stability extended to all components, both current assessments as well as future economic prospects. Impeachment was barely mentioned--just by 1% of consumers. While those that mentioned impeachment were also somewhat …more…

Industrial Production declined 0.3%
Capacity Utilization decreased to 77.0%

01/17/20 - Industrial production declined 0.3 percent in December, as a decrease of 5.6 percent for utilities outweighed increases of 0.2 percent for manufacturing and 1.3 percent for mining. The drop for utilities resulted from a large decrease in demand for heating, as unseasonably warm weather in December followed unseasonably cold weather in …more…












Monthly Meetings held at the
Philadelphia Federal Reserve
10 N Independence Mall W
Philadelphia, PA 19106
(Seventh & Arch St Entrance)
Map



Arranged around the theme of “2020 Vision: Examining Policy Prescriptions in an Election Year,” NABE’s 36th Annual Economic Policy Conference explores competing visions and strategies for achieving the dual goals of economic growth and domestic security, as well as key challenges for policymakers including heightened tensions around globalization and trade alliances, demographic and political shifts, and rising economic nationalism.



Global Interdependence Center
Philadelphia, PA

CFA Society of Philadelphia

Bond Club of Philadelphia



OneWall.com - Economic Events and News

Philadelphia Business Journal

Quick Links
Bloomberg
CNBC-TV
Financial Times (UK)
NBC News
NY Times
Philadelphia Biz Journal
The Economist
Dismal Scientist
Dr. Ed Yardeni
Dr. Jeremy Siegel
FRED Graph
Lawrence Kudlow
NABE
Stone McCarthy
Market Map