http://www.philadelphiafed.org/ The latest news headlines from the Philadelphia Fed. en-us http://www.philadelphiafed.org/feeds/frbp-feeds-logo.jpg http://www.philadelphiafed.org/ 60 phil.webmaster@phil.frb.org (Philadelphia Fed Webmaster) Wed, 03 Mar 2010 13:00:00 GMT http://www.philadelphiafed.org/publications/speeches/plosser/2010/03-03-10_gic-philadelphia.cfm March 3, 2010 — Philadelphia Fed President Charles I. Plosser outlines three key recommendations to improve our regulatory system: enacting a credible bankruptcy process to solve the too-big-to-fail problem, clarifying the Fed's umbrella supervision and financial stability roles, and enhancing market discipline to lower the probability of a future crisis. Wed, 03 Mar 2010 13:00:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/ March 2, 2010 — Senior Vice President and Director of Research Loretta J. Mester will be promoted to executive vice president, assuming oversight of the Bank's Financial Statistics Department and the Payment Cards Center in addition to continuing in her role as director of research. Executive Vice President Richard W. Lang will retire in June 2010 after nearly 34 years with the Federal Reserve System, including 30 years at the Philadelphia Fed. Milissa M. Tadeo will take on a new role as senior vice president of Corporate Affairs, overseeing the Community Affairs and Public Affairs departments and guiding the Bank's outreach efforts. Arun Jain, senior vice president, will continue his oversight of the Retail Payments Department and will assume responsibility for Tadeo's current assignment, heading the Cash Services and Treasury Services departments. Herbert E. Taylor, vice president and corporate secretary, will continue to oversee the Office of the Secretary and will take on added responsibilities as chief of staff for the Office of the President. All changes will be effective April 1, 2010. Tue, 02 Mar 2010 15:30:00 GMT http://www.philadelphiafed.org/research-and-data/publications/banking-legislation-and-policy/2009/blpq409.pdf March 1, 2010 — The Federal Reserve Bank of Philadelphia today released the Fourth Quarter 2009 Banking Legislation and Policy. This issue contains detailed descriptions of the proposed financial reform bills and housing assistance developments. It also summarizes other notable legislative, regulatory, and judicial developments that occurred during the fourth quarter of 2009. Mon, 01 Mar 2010 16:45:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ February 26, 2010 — The Philadelphia Fed today posted an analyses of data on regional housing permits for January and Fourth Quarter 2009 statistics on regional house prices released by the Federal Housing Finance Agency (FHFA). Fri, 26 Feb 2010 13:30:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/2010/021810.cfm February 18, 2010 — The region's manufacturing sector continues to show improvement, according to firms polled for this month's Business Outlook Survey. Indexes for general activity, new orders, and shipments increased from their readings in January. The general activity index Increased from a reading of 15.2 in January to 17.6 this month. Thu, 18 Feb 2010 15:00:00 GMT http://www.philadelphiafed.org/publications/speeches/plosser/2010/02-17-10_world-affairs-council.cfm February 17, 2010 — In today's speech before the World Affairs Council, Philadelphia Fed President Charles I. Plosser cautioned that proposals to overhaul the Federal Reserve System would politicize monetary policy and compromise the Fed's ability to deliver on the monetary policy goals set by Congress: price stability and maximum employment. Wed, 17 Feb 2010 17:45:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/2010/021610.cfm February 16, 2010 — The Federal Reserve Bank of Philadelphia has announced the promotion of James M. Nason to vice president and economist, effective March 1, 2010. Nason will lead the monetary and macroeconomics section in the Bank's Research Department. Tue, 16 Feb 2010 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/real-time-center/survey-of-professional-forecasters/2010/survq110.cfm February 12, 2010 — The 42 participants in the first quarter 2010 Survey of Professional Forecasters, released today, project stronger growth in the U.S. economy in 2010 than they did in the fourth quarter of last year. They also expect a slightly improved labor market in 2010. In a series of special questions, the panelists were asked for their views on house prices. Fri, 12 Feb 2010 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2009/MSANewsDec2009.pdf February 4, 2010 — The Philadelphia Fed today posted analysis related to December's metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. The data were recently released by the Bureau of Labor Statistics. Thu, 04 Feb 2010 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/2009/LeadingIndexes1209.pdf February 2, 2010 — The Philadelphia Fed today released December's leading indexes for Delaware, New Jersey, and Pennsylvania. Tue, 02 Feb 2010 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/south-jersey-business-survey/2009/sjq409.pdf February 1, 2010 — The Philadelphia Fed has released the fourth quarter South Jersey Business Survey. The survey participants, members of the Chamber of Commerce Southern New Jersey, External Link are asked about overall changes in business activity in their firms from the previous quarter. They are also asked about their expectations over the next six months. Mon, 01 Feb 2010 16:30:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/2010/012910.cfm January 29, 2010 — William G. Clark has been named senior vice president and chief investment officer at the Federal Reserve System's Office of Employee Benefits, effective March 1, 2010. Fri, 29 Jan 2010 22:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/housing-permits/2009/PermitsNewsDec2009.pdf January 29, 2010 — The Philadelphia Fed today posted an analysis of data on regional housing permits for December. Fri, 29 Jan 2010 13:30:00 GMT http://www.philadelphiafed.org/community-development/events/reinventing-2010/ January 28, 2010 - The Philadelphia Fed's Community Affairs Department today announced plans for Rethink. Rebuild. Recover: Reinventing Older Communities, a national conference that will be held Wednesday, May 12, to Friday, May 14, 2010, in the Hyatt Regency Philadelphia at Penn's Landing. Thu, 28 Jan 2010 18:30:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/2010/012610.cfm January 26, 2010 — Philadelphia Fed President Plosser will highlight the lessons central bankers have learned from the financial crisis in his remarks to the World Affairs Council (WAC) of Philadelphia. For registration, contact Marilyn Wimp E-mail at 215-574-4197. Tue, 26 Jan 2010 20:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/2009/CoincidentIndexes1209.pdf January 26, 2010 — December's coincident indexes for the 50 states were released today. Tue, 26 Jan 2010 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2009/EmploymentNewsDec2009.pdf January 25, 2010 — The Philadelphia Fed today posted an analysis of December's state employment statistics for Delaware, New Jersey, and Pennsylvania. Mon, 25 Jan 2010 13:30:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/2010/012110.cfm January 21, 2010 — The region's manufacturing sector continues to show improvement, according to firms polled for this month's Business Outlook Survey. The general activity index decreased to 15.2 this month from 22.5 in December. In this month's special questions, firms were asked to characterize demand for their products over the past three months. Thu, 21 Jan 2010 15:00:00 GMT http://www.fedpartnership.gov/businesses/ January 20, 2010 — Partnership for Progress External Link today launched an online resource for businesses and entrepreneurs. External Link The web page offers updates on relevant news and publications, helpful data, information about financing, and podcasts. Partnership for Progress is a Federal Reserve System program designed to preserve and promote minority-owned and de novo institutions. Wed, 20 Jan 2010 20:15:00 GMT http://www.philadelphiafed.org/payment-cards-center/tools-for-researchers/consumer-statistics/ January 20, 2010 — The Bank's Payment Cards Center today launched an online resource providing statistics and graphs related to consumer credit and payments. It includes statistics on credit and debit cards and other noncash payments as well as families' revolving credit, and data on consumer debt, credit performance, and supply and demand of credit. Wed, 20 Jan 2010 15:00:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/2010/011510.cfm January 15, 2010 — The Federal Reserve Bank of Philadelphia has launched a community service program, PhillyFedCares, which is designed to encourage volunteerism, especially on projects that aid in the welfare and education of children. It will launch on Monday, January 18, 2010, with a project at John Welsh Elementary School in Philadelphia during the Greater Philadelphia Cares' Martin Luther King Jr. Day of Service. Fri, 15 Jan 2010 18:30:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/ January 14, 2010 — The Federal Reserve Bank of Philadelphia announced the promotions of Todd Vermilyea to vice president in the Bank's Supervision, Regulation and Credit Department, and Robert Mucerino to assistant vice president in the Treasury Services Department. Also announced were the officer promotions of Chris Ivanoski in the Bank's Facilities Management Department; Keith Morales in the Information Technology; and Greg Ramick in the Wholesale Product Office. Thu, 14 Jan 2010 16:30:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/2010/011410.cfm January 14, 2010 — In January of each year, the Federal Reserve Bank of Philadelphia revises historical data for the Business Outlook Survey after calculating new seasonal adjustment factors. Thu, 14 Jan 2010 15:00:00 GMT http://www.philadelphiafed.org/publications/speeches/plosser/2010/01-12-10_entrepreneurs-forum.cfm January 12, 2010 — Philadelphia Fed President Charles I. Plosser discusses the economic outlook and highlights the distinct contribution that entrepreneurs make to the economy. Wed, 13 Jan 2010 00:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2009/MSANewsNov2009.pdf January 7, 2010 — The Philadelphia Fed today posted analysis related to November's metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. The data were recently released by the Bureau of Labor Statistics. Thu, 07 Jan 2010 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/publications/business-review/2009/ January 4, 2010 — Articles in the Fourth Quarter 2009 issue of the Business Review discuss earnings losses among job losers during the 2001 recession; whether China's emergence as a manufacturing juggernaut is overstated; and the economic importance of news shocks. Mon, 04 Jan 2010 20:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/2009/LeadingIndexes1109.pdf December 29, 2009 — The Philadelphia Fed today released November's leading indexes for Delaware, New Jersey, and Pennsylvania. Tue, 29 Dec 2009 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/housing-permits/2009/PermitsNewsNov2009.pdf December 28, 2009 — The Philadelphia Fed today posted an analysis of data on regional housing permits for November. Mon, 28 Dec 2009 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/2009/CoincidentIndexes1109.pdf December 22, 2009 — November's coincident indexes for the 50 states were released today. Tue, 22 Dec 2009 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2009/EmploymentNewsNov2009.pdf December 21, 2009 — The Philadelphia Fed today posted an analysis of November's state employment statistics for Delaware, New Jersey, and Pennsylvania. Mon, 21 Dec 2009 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/personal-income/2009/PersonalIncome2009Q3.pdf December 18, 2009 — The Philadelphia Fed today posted an analysis of third quarter state personal income. The analysis is based on data recently released by the U.S. Bureau of Economic Analysis. Fri, 18 Dec 2009 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos1209.cfm December 17, 2009 — Activity in the region's manufacturing sector is expanding, according to firms polled for December's Business Outlook Survey. Indexes for general activity, new orders, and shipments all remained positive this month. The overall level of employment and average work hours among reporting firms increased this month. In the special questions, the firms were asked about expectations for changes in cost in 2010. Thu, 17 Dec 2009 15:00:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/2009/ December 16, 2009 — The Federal Reserve Bank of Philadelphia today announced the appointment of James E. Nevels, founder and CEO of The Swarthmore Group, External Link to its board of directors. Deborah M. Fretz, president and CEO of Sunoco Logistics Partners, External Link was elected and Aaron L. Groff, chairman, president, and CEO of Ephrata National Bank, External Link was re-elected to the board. Nevels will begin a two-year term and Groff and Fretz will begin three-year terms on January 1, 2010. For more information about Nevels' appointment and the elections of Fretz and Groff, see the news releases. Wed, 16 Dec 2009 21:30:00 GMT http://www.philadelphiafed.org/research-and-data/publications/banking-brief/2009/BB3Q2009.pdf December 16, 2009 — The Philadelphia Fed has released its Third Quarter 2009 Banking Brief. The newsletter analyzes recent banking trends in the tri-state region of Pennsylvania, New Jersey, and Delaware as well as banking developments in the nation. Wed, 16 Dec 2009 18:00:00 GMT http://www.philadelphiafed.org/research-and-data/real-time-center/livingston-survey/2009/livdec09.pdf December 9, 2009 — The Philadelphia Fed has released the Livingston Survey for December 2009. Wed, 09 Dec 2009 15:00:00 GMT http://www.philadelphiafed.org/community-development/publications/special-reports/rental-housing/ December 9, 2009 —The Federal Reserve Bank of Philadelphia today released Affordability and Availability of Rental Housing in Pennsylvania, a study that assesses the needs of lower-income renters. Wed, 09 Dec 2009 13:00:00 GMT http://www.philadelphiafed.org/publications/speeches/plosser/2009/12-04-09_fed-policy-forum.cfm December 4, 2009 — President Charles I. Plosser discusses how moral hazard and the too-big-to-fail problem have contributed to the crisis in fundamental ways. He also shares his views on market discipline and regulation as we reconsider our financial regulatory structure. Fri, 04 Dec 2009 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2009/MSANewsOct2009.pdf December 4, 2009 — The Philadelphia Fed today posted analysis related to October's metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. The data were recently released by the Bureau of Labor Statistics. Fri, 04 Dec 2009 13:30:00 GMT http://www.philadelphiafed.org/publications/speeches/plosser/2009/12-01-09_rochester-economic-seminar.cfm December 1, 2009 — Philadelphia Fed President Charles I. Plosser reflects on what great hockey players and policymakers have in common. He also gives his perspective on the economy, inflation, and some of the uncertainties that are influencing policy choices. Tue, 01 Dec 2009 17:20:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/2009/LeadingIndexes1009.pdf December 1, 2009 — The Philadelphia Fed today released October's leading indexes for Delaware, New Jersey, and Pennsylvania. Tue, 01 Dec 2009 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/housing-permits/2009/PermitsNewsOct2009.pdf November 30, 2009 — The Philadelphia Fed today posted an analysis of data on regional housing permits for October. Mon, 30 Nov 2009 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/housing-prices/2009/HousePriceNews2009Q3.pdf November 25, 2009 — The Philadelphia Fed today posted an analysis of third quarter statistics on regional house prices released by the Federal Housing Finance Agency (FHFA). Wed, 25 Nov 2009 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/2009/CoincidentIndexes1009.pdf November 24, 2009 — October's coincident indexes for the 50 states were released today. Tue, 24 Nov 2009 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2009/EmploymentNewsOct2009.pdf November 23, 2009 — The Philadelphia Fed today posted an analysis of October's state employment statistics for Delaware, New Jersey, and Pennsylvania. Mon, 23 Nov 2009 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos1109.cfm November 19, 2009 — Activity in the region's manufacturing sector is picking up, according to firms polled for November's Business Outlook Survey. The general activity index increased to 16.7 from 11.5 in October. In the special questions, firms were asked about capacity utilization rates. For an interview with our analyst, contact Katherine Dibling at 215-574-4119. Thu, 19 Nov 2009 14:00:00 GMT http://www.philadelphiafed.org/publications/speeches/plosser/2009/11-19-09_gic-singapore.cfm November 19, 2009 — President Charles I. Plosser gives a central banker's perspective on the challenges that volatility in food prices or other relative prices poses for monetary policy. He will discuss three approaches central bankers can take to protect their credibility to control inflation in the face of these price shocks. Thu, 19 Nov 2009 17:30:00 GMT http://www.philadelphiafed.org/research-and-data/real-time-center/survey-of-professional-forecasters/2009/survq409.cfm November 16, 2009 — The 41 participants in the fourth-quarter Survey of Professional Forecasters, released today, project growth in the U.S. economy over the next five quarters. However, they see a weaker labor market than they did three months ago. Mon, 16 Nov 2009 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/south-jersey-business-survey/2009/sjq309.pdf November 4, 2009 — The Philadelphia Fed has released the third quarter South Jersey Business Survey. The survey participants, members of the Chamber of Commerce of Southern New Jersey, are asked about overall changes in business activity in their firms from the previous quarter. They are also asked about their expectations over the next six months. Wed, 04 Nov 2009 17:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2009/MSANewsSep2009.pdf October 30, 2009 — The Philadelphia Fed today posted analysis related to September's metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. The data were recently released by the Bureau of Labor Statistics. Fri, 30 Oct 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/2009/LeadingIndexes0909.pdf October 29, 2009 — The Philadelphia Fed today released September's leading indexes for Delaware, New Jersey, and Pennsylvania. Thu, 29 Oct 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/publications/banking-legislation-and-policy/2009/blpq309.pdf October 28, 2009 — Banking Legislation and Policy summarizes and updates pending banking and financial legislation, regulation, and judicial activity at the federal level and for the Third District states (Pennsylvania, New Jersey, and Delaware). Wed, 28 Oct 2009 18:45:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/housing-permits/2009/PermitsNewsSep2009.pdf October 28, 2009 — The Philadelphia Fed today posted an analysis of data on regional housing permits for September. Wed, 28 Oct 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/2009/CoincidentIndexes0909.pdf October 23, 2009 — September's coincident indexes for the 50 states were released today. Fri, 23 Oct 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2009/EmploymentNewsSep2009.pdf October 22, 2009 — The Philadelphia Fed today posted an analysis of September's state employment statistics for Delaware, New Jersey, and Pennsylvania. Thu, 22 Oct 2009 12:30:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/2009/102109.cfm October 21, 2009 — The Federal Reserve Bank of Philadelphia's Community Affairs Department recently received an award from the City of Atlantic City for a special report, "Atlantic City: Past as Prologue," which demonstrated a need for services to help residents in the city. Atlantic City has a high rate of poverty. The report is also connected to the East Coast launch of a financial education initiative, Hands on Banking, a Wells Fargo financial education program. Wed, 21 Oct 2009 17:30:00 GMT http://www.philadelphiafed.org/publications/speeches/plosser/2009/10-20-09_merk-stanford-siepr-panel.cfm October 20, 2009 — President Charles I. Plosser shared his views on the need for clearly defined and systematic monetary policy in his presentation "Sound Monetary Policy for Good Times and Bad." President Plosser spoke today at the Associates Meeting of the Stanford Institute for Economy Policy Research in a panel discussion on "Monetary Policy in a Tough Environment." Wed, 21 Oct 2009 00:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/personal-income/2009/PersonalIncome2009Q2.pdf October 19, 2009 — The Philadelphia Fed today posted an analysis of second quarter state personal income. The analysis is based on data recently released by the U.S. Bureau of Economic Analysis. Mon, 19 Oct 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos1009.cfm October 15, 2009 — The region's manufacturing sector is continuing to show signs of recovery, according to firms polled for October's Business Outlook Survey. The general activity index decreased from 14.1 in September to 11.5 this month. In the special questions, firms were asked about changes in their plans for capital spending related to current financial conditions. Thu, 15 Oct 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2009/MSANewsAug2009.pdf October 2, 2009 — The Philadelphia Fed today posted analysis related to August's metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. The data were recently released by the Bureau of Labor Statistics. Fri, 02 Oct 2009 12:30:00 GMT http://www.philadelphiafed.org/publications/speeches/plosser/2009/09-29-09_lafayette-policy-studies.cfm Philadelphia Fed President Charles I. Plosser gives his views on the regional and national outlook for the U.S. economy. He explains the role of the regional Reserve Banks and the importance of the Fed's independence. He also shares his perspective about key challenges facing the Fed as it seeks to ensure price stability and sustainable economic growth. Tue, 29 Sep 2009 23:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/2009/LeadingIndexes0809.pdf September 29, 2009 — The Philadelphia Fed today released August's leading indexes for Delaware, New Jersey, and Pennsylvania. Tue, 29 Sep 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/housing-permits/2009/PermitsNewsAug2009.pdf September 28, 2009 — The Philadelphia Fed today posted an analysis of data on regional housing permits for August. Mon, 28 Sep 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/publications/banking-brief/ September 24, 2009 — The Philadelphia Fed has released its Second Quarter 2009 Banking Brief. The newsletter analyzes recent banking trends in the tri-state region of Pennsylvania, New Jersey, and Delaware as well as banking developments in the nation. Thu, 24 Sep 2009 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/2009/CoincidentIndexes0809.pdf September 22, 2009 — August's coincident indexes for the 50 states were released today. Tue, 22 Sep 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ September 21, 2009 — The Philadelphia Fed today posted an analysis of August's state employment statistics for Delaware, New Jersey, and Pennsylvania. Mon, 21 Sep 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos0909.cfm September 17, 2009 — The region's manufacturing sector is showing signs of growth, according to firms polled for September's Business Outlook Survey. Indexes for general activity, new orders, and shipments all registered positive readings for the second consecutive month. Indexes for employment, work hours, and the prices received for manufactured goods remained negative. The general activity index increased from 4.2 in August to 14.1 this month. In the special questions, firms were asked for their expectations of their total production in the third and fourth quarters. Thu, 17 Sep 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2009/MSANewsJul2009.pdf September 3, 2009 — The Philadelphia Fed today posted analysis related to July's metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. The data were recently released by the Bureau of Labor Statistics. Thu, 03 Sep 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/2009/LeadingIndexes0709.pdf August 28, 2009 — The Philadelphia Fed today released July's leading indexes for Delaware, New Jersey, and Pennsylvania. Fri, 28 Aug 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/housing-permits/2009/PermitsNewsJul2009.pdf August 27, 2009 — The Philadelphia Fed today posted an analysis of data on regional housing permits for July. Thu, 27 Aug 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/housing-prices/2009/HousePriceNews2009Q2.pdf August 26, 2009 — The Philadelphia Fed today posted an analysis of second quarter statistics on regional house price appreciation released by the Federal Housing Finance Agency (FHFA). Wed, 26 Aug 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/ August 25, 2009 — July's coincident indexes for the 50 states were released today. Tue, 25 Aug 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ August 24, 2009 — The Philadelphia Fed today posted an analysis of July's state employment statistics for Delaware, New Jersey, and Pennsylvania. Mon, 24 Aug 2009 12:30:00 GMT http://www.philadelphiafed.org/community-development/publications/cascade/ August 20, 2009 — The Fall 2009 Cascade discusses the influx of $95 million from the Neighborhood Stabilization Program, created by the Housing and Economic Recovery Act of 2008, into the Third Federal Reserve District. The issue also includes a review of research on how the American Recovery and Reinvestment Act of 2009 is affecting income inequality. In addition, there are articles about a Pennsylvania law covering home improvement contractors, a payday lending law, and tips for avoiding foreclosure scams. Thu, 20 Aug 2009 15:45:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos0809.cfm August 20, 2009 — The region's manufacturing sector is showing some signs of stabilizing, according to the firms polled for the August Business Outlook Survey. The indexes for general activity, new orders, and shipments all registered slightly positive readings this month. The general activity index increased to 4.2 this month from -7.5 in July. In the special questions, manufacturers were asked about their inventory situations. Thu, 20 Aug 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/publications/business-review/ August 18, 2009 — The Third Quarter Business Review, released today, covers exchange rates and how they affect import prices; the "City Beautiful" movement and how leisure amenities are important for an area's growth; and the role of convertible securities in venture capital financing. Also included are an update of tables illustrating changes in the use of electronic means of payment and the latest issue of Research Rap. Tue, 18 Aug 2009 20:00:00 GMT http://www.philadelphiafed.org/community-development/community-profiles/scranton/ August 18, 2009 — The Community Affairs Department of the Federal Reserve Bank of Philadelphia has updated the Scranton-Wilkes-Barre, PA MSA Community Profile. It includes historical information, demographics, and information about financial institutions, and market-share data, and community organizations. It also lists potential funding sources. Tue, 18 Aug 2009 19:00:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/2009/081409.cfm August 14, 2009 — The 34 participants in the third-quarter Survey of Professional Forecasters, released today, have made upward revisions to their expectations for rate of growth in GDP over the next four years. They project growth this quarter at an annual rate of 2.4 percent, up from 0.4 percent in the last survey. For forecasts on other indicators and commentary, see the report and the press release. Fri, 14 Aug 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/publications/banking-legislation-and-policy/2009/blpq209.pdf August 6, 2009 — The Federal Reserve Bank of Philadelphia today released the Second Quarter 2009 Banking Legislation and Policy. This issue summarizes the proposed financial regulatory reforms that include increased supervision and regulation of financial firms, comprehensive supervision of financial markets, and increased protection for consumers and investors. Thu, 06 Aug 2009 12:45:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/south-jersey-business-survey/ Business conditions in the South Jersey region continue to decline but at a more moderate pace than in the first quarter, according to 150 members of the Chamber of Commerce of Southern New Jersey External Link who participated in the South Jersey Business Survey. The index that measures their assessment of their own company's general business activity increased from -24.5 in the first quarter to -9.9 this quarter. Tue, 04 Aug 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/releases/employment/2009/MSANewsJun2009.pdf July 31, 2009 — The Philadelphia Fed today posted analysis related to June's metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. The data were recently released by the Bureau of Labor Statistics. Fri, 31 Jul 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/2009/LeadingIndexes0609.pdf July 30, 2009 — The Philadelphia Fed today released June's leading indexes for Delaware, New Jersey, and Pennsylvania. Thu, 30 Jul 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ July 28, 2009 — The Philadelphia Fed today posted an analysis of data on regional housing permits for June. Tue, 28 Jul 2009 12:30:00 GMT http://www.pbs.org/newshour/?cc=1234 July 27, 2009 — Federal Reserve Chairman Ben Bernanke answered questions from a Kansas City-area audience during a town-hall forum there yesterday. The forum was moderated by NewsHour executive and anchor Jim Lehrer, and excerpts can be viewed on the Newshour's website. External Link The forum will air in 20-minute segments Monday, Tuesday, and Wednesday on WHYY-TV at 6 p.m. Mon, 27 Jul 2009 16:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/ July 21, 2009 — June's coincident indexes for the 50 states were released today. Tue, 21 Jul 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ July 20, 2009 — The Philadelphia Fed today posted an analysis of June's state employment statistics for Delaware, New Jersey, and Pennsylvania. Mon, 20 Jul 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos0709.cfm http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos0709.cfm July 16, 2009 — The region's manufacturing sector is still experiencing weakness, according to firms polled for July's Business Outlook Survey. The general activity index decreased to -7.5 from -2.2 in June. In the special questions, the firms were asked about summer shutdowns and slowdowns in production. Thu, 16 Jul 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ July 2, 2009 — The Philadelphia Fed today posted analysis related to May's metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. The data were recently released by the Bureau of Labor Statistics. Thu, 02 Jul 2009 12:30:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/2009/070109.cfm July 1, 2009 — The Federal Reserve Bank of Philadelphia has announced the promotion of Keith Sill to assistant vice president and director of the Real-Time Data Research Center in the Bank's Research Department, effective today. Wed, 01 Jul 2009 17:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/ June 26, 2009 — The Philadelphia Fed today released May's leading indexes for Delaware, New Jersey, and Pennsylvania. Fri, 26 Jun 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ June 25, 2009 — The Philadelphia Fed today posted an analysis of data on regional housing permits for May. Thu, 25 Jun 2009 12:30:00 GMT http://www.federalreserve.gov/newsevents/press/monetary/20090624a.htm June 24, 2009 — The Federal Open Market Committee decided today to maintain the target range for the federal funds rate at 0 to 1/4 percent. External Link The Committee continues to anticipate that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an extended period. Wed, 24 Jun 2009 18:45:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/2009/062409.cfm June 24, 2009 — Minority-business owners can learn about funding options for their enterprises by taking part in a discussion during The Entrepreneurs Forum of Greater Philadelphia's External Link "Funding Minority Businesses-Where the Rubber Meets the Road," scheduled for 5:30 p.m., Tuesday, July 14, 2009, at the Federal Reserve Bank of Philadelphia, 7th and Arch streets. The event will include comments from Mayor Michael A. Nutter and Federal Reserve Bank of Philadelphia President Charles I. Plosser. Wed, 24 Jun 2009 14:40:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/ June 23, 2009 — May's coincident indexes for the 50 states were released today. Tue, 23 Jun 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ June 22, 2009 — The Philadelphia Fed today posted an analysis of May's state employment statistics for Delaware, New Jersey, and Pennsylvania. Mon, 22 Jun 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ June 19, 2009 — The Philadelphia Fed today posted an analysis of first-quarter 2009 state personal income. The analysis is based on data recently released by the U.S. Bureau of Economic Analysis. Fri, 19 Jun 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos0609.cfm http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos0609.cfm June 18, 2009 — The region's manufacturing sector continued to show weakness this month, according to the firms polled for the June Business Outlook Survey. However, the general activity index and other key indicators did improve. The general activity index increased to -2.2 from -22.6 in May. In the special questions, manufacturers were asked about the probability that they would relocate over the next five years. Thu, 18 Jun 2009 14:00:00 GMT http://www.philadelphiafed.org/community-development/publications/cascade/ http://www.philadelphiafed.org/community-development/publications/cascade/ June 15, 2009 — The Spring/Summer issue of Cascade, released today, looks at how small businesses are weathering the recession by turning to alternative resources for credit and operations support. Mon, 15 Jun 2009 17:45:00 GMT http://www.philadelphiafed.org/research-and-data/publications/banking-brief/ http://www.philadelphiafed.org/research-and-data/publications/banking-brief/ June 15, 2009 — The Philadelphia Fed released its First Quarter 2009 Banking Brief. The newsletter analyzes recent banking trends in the tri-state region of Pennsylvania, New Jersey, and Delaware as well as banking developments in the nation. Mon, 15 Jun 2009 16:00:00 GMT http://www.federalreserve.gov/fomc/beigebook/2009/20090610/3.htm http://www.federalreserve.gov/fomc/beigebook/2009/20090610/3.htm June 10, 2009 — The Federal Reserve Board of Governors released the Beige Book External Link today. The Beige Book is a summary of anecdotal information on current economic conditions in each of the 12 Federal Reserve Districts. Wed, 10 Jun 2009 19:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ June 5, 2009 — The Philadelphia Fed today posted analysis related to April's metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. The data were recently released by the Bureau of Labor Statistics. Fri, 05 Jun 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/publications/business-review/2009/ http://www.philadelphiafed.org/research-and-data/publications/business-review/2009/ June 3, 2009 — The Second Quarter 2009 Business Review, released today, includes the following articles: "Bank Credit Standards" looks at the evidence for a bank lending cycle; "Regulating Short-Sales" considers the pros and cons of restricting short-sales; and "Residential Housing and Personal Bankruptcy" examines the impact of bankruptcy law on the availability of mortgages and their terms and how bankruptcy filings affect the outcome of mortgage foreclosures. Wed, 03 Jun 2009 15:45:00 GMT http://www.philadelphiafed.org/publications/annual-report/ http://www.philadelphiafed.org/publications/annual-report/ June 1, 2009 — Discover the instrumental role the Philadelphia Fed played in "Meeting the Challenges" of 2008, as featured in the Bank's recently released annual report. Gain an understanding of President Plosser's four principles that he suggests should guide the central bank's actions to promote greater financial stability. Review the Research Department's efforts to lay the groundwork for improved policymaking and the extraordinary actions taken by the Supervision, Regulation and Credit function's discount window management in response to the crisis. And learn about the steps taken by the Bank's Community Affairs Department to help homeowners prevent foreclosure. Mon, 01 June 2009 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ May 29, 2009 — The Philadelphia Fed today released April's coincident indexes for the 50 states and April's leading indexes for Delaware, New Jersey, and Pennsylvania. Fri, 29 May 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ May 28, 2009 — The Philadelphia Fed today posted analyses of data on regional housing permits for April and first-quarter statistics on regional house price appreciation released by the Federal Housing Finance Agency (FHFA). Thu, 28 May 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ May 26, 2009 — The Philadelphia Fed today posted an analysis of April's state employment statistics for Delaware, New Jersey, and Pennsylvania. Tue, 26 May 2009 12:30:00 GMT http://www.philadelphiafed.org/publications/speeches/plosser/2009/05-21-09_money-marketeers.cfm http://www.philadelphiafed.org/publications/speeches/plosser/2009/05-21-09_money-marketeers.cfm May 21, 2009 — President Plosser gives his near-term economic outlook and suggests reasons why policymakers and forecasters should be extremely cautious in relying on conventional measures of potential output and output gaps to restrain inflation. Thu, 21 May 2009 23:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos0509.cfm http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos0509.cfm May 21, 2009 — The region's manufacturing sector continued to show weakness this month, according to participants in the May Business Outlook Survey. However, indexes for general activity, shipments, and employment did show some improvement. The diffusion index of current activity increased from a reading of -24.4 in April to -22.6 this month. In the special questions, manufacturers were asked about demand. Thu, 21 May 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/real-time-center/survey-of-professional-forecasters/2009/survq209.cfm http://www.philadelphiafed.org/research-and-data/real-time-center/survey-of-professional-forecasters/2009/survq209.cfm May 15, 2009 — The participants in the second-quarter Survey of Professional Forecasters, which was released today, expect lower growth and higher unemployment over the next two years than they did three months ago. In the special questions, the forecasters were asked to provide two more years of annual forecasts for the civilian unemployment rate and real GDP. Fri, 15 May 2009 14:00:00 GMT http://www.federalreserve.gov/newsevents/press/bcreg/20090508a.htm http://www.federalreserve.gov/newsevents/press/bcreg/20090508a.htm Fri, 08 May 2009 16:00:00 GMT http://federalreserve.gov/newsevents/press/bcreg/20090507a.htm http://federalreserve.gov/newsevents/press/bcreg/20090507a.htm Thu, 07 May 2009 16:00:00 GMT http://www.federalreserve.gov/boarddocs/SnLoanSurvey/200905/ http://www.federalreserve.gov/boarddocs/SnLoanSurvey/200905/ Tue, 05 May 2009 16:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ May 1, 2009 — The Philadelphia Fed today posted analysis related to March's metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. The data were recently released by the Bureau of Labor Statistics. Fri, 01 May 2009 12:30:00 GMT http://www.philadelphiafed.org/community-development/publications/special-reports/ http://www.philadelphiafed.org/community-development/publications/special-reports/ April 30, 2009 — The Community Affairs Department of the Federal Reserve Bank of Philadelphia today released "Atlantic City: Past As Prologue." The report is an in-depth look at the growth and decline of Atlantic City and the conditions there since casino gambling was legalized in 1978. Thu, 30 Apr 2009 20:30:00 GMT http://www.federalreserve.gov/newsevents/press/monetary/20090429a.htm http://www.federalreserve.gov/newsevents/press/monetary/20090429a.htm April 29, 2009 — The FOMC decided today to maintain the target range for the federal funds rate at 0 to 1/4 percent. The Committee anticipates that current economic conditions will warrant exceptionally low levels of the federal funds rate for an extended period. Wed, 29 Apr 2009 19:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/ http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/ April 29, 2009 — The Philadelphia Fed today released March's leading indexes for Delaware, New Jersey, and Pennsylvania. Wed, 29 Apr 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ April 27, 2009 — The Philadelphia Fed today posted an analysis of data on regional housing permits for March. Mon, 27 Apr 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/publications/research-rap/ http://www.philadelphiafed.org/research-and-data/publications/research-rap/ April 23, 2009 — The Federal Reserve Bank of Philadelphia today released a Research Rap Special Report: Oil Prices and Third District States. Thu, 23 Apr 2009 12:05:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/ http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/ April 21, 2009 — March's coincident indexes for the 50 states were released today. Tue, 21 Apr 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ April 20, 2009 — The Philadelphia Fed today posted an analysis of March's state employment statistics for Delaware, New Jersey, and Pennsylvania. Mon, 20 Apr 2009 12:30:00 GMT http://www.federalreserve.gov/newsevents/press/other/20090416b.htm http://www.federalreserve.gov/newsevents/press/other/20090416b.htm April 16, 2009 — The Federal Reserve Bank of Boston today released "Lessons from a Storm." The video demonstrates how having a bank account proved to be a big advantage to Hurricane Katrina victims who were trying to get back on their feet and re-establish a firm financial footing. Thu, 16 Apr 2009 19:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos0409.cfm http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos0409.cfm April 16, 2009 — The region's manufacturing sector contracted less severely this month, according to the firms polled for the April Business Outlook Survey. The survey's broadest measure of manufacturing conditions, the diffusion index of current activity, increased from a reading of -35.0 in March to -24.4 this month. In the special questions, manufacturers were asked about credit conditions. Thu, 16 Apr 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ April 2, 2009 — The Philadelphia Fed today posted analysis related to February's metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. The data were recently released by the Bureau of Labor Statistics. Thu, 02 Apr 2009 12:30:00 GMT http://www.philadelphiafed.org/publications/speeches/plosser/2009/03-31-09_booth-school-of-business.cfm http://www.philadelphiafed.org/publications/speeches/plosser/2009/03-31-09_booth-school-of-business.cfm March 31, 2009 — Philadelphia Fed President Charles I. Plosser outlines key principles for sound and effective central banking. He discusses how these principles provide guidance for some of the regulatory and supervisory challenges facing the Fed. Tue, 31 Mar 2009 17:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ March 31, 2009 — The Philadelphia Fed today released February's leading indexes for Delaware, New Jersey, and Pennsylvania, as well as the coincident indexes for the 50 states. Tue, 31 Mar 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ March 30, 2009 — The Philadelphia Fed today posted an analysis of February's state employment statistics for Delaware, New Jersey, and Pennsylvania. Mon, 30 Mar 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ March 26, 2009 — The Philadelphia Fed today posted an analysis of data on regional housing permits for February. Thu, 26 Mar 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ March 25, 2009 — The Philadelphia Fed today posted analysis related to data on Fourth Quarter 2008 state personal income recently released by the U.S. Bureau of Economic Analysis. Wed, 25 Mar 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ March 20, 2009 — The Philadelphia Fed today posted analysis related to January's metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. The data were recently released by the Bureau of Labor Statistics. Fri, 20 Mar 2009 12:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos0309.cfm http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos0309.cfm March 19, 2009 — The region's manufacturing sector continued to contract this month, according to firms polled for the March Business Outlook Survey. The survey's general activity index edged up to -35.0 from -41.3 in February. In the special questions, firms were asked to give their production estimates for the second quarter of this year. Thu, 19 Mar 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/ http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/ March 17, 2009 — The Philadelphia Fed today released January's leading indexes for Delaware, New Jersey, and Pennsylvania. Tue, 17 Mar 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/ http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/ March 13, 2009 — January's coincident indexes for the 50 states were released today. Fri, 13 Mar 2009 14:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ March 12, 2009 — The Philadelphia Fed today posted an analysis of January's state employment statistics for Delaware, New Jersey, and Pennsylvania. Thu, 12 Mar 2009 12:30:00 GMT http://www.philadelphiafed.org/publications/speeches/plosser/2009/03-06-09_nyu-restoring-financial-stability.cfm http://www.philadelphiafed.org/publications/speeches/plosser/2009/03-06-09_nyu-restoring-financial-stability.cfm March 6, 2009 — President Plosser discusses how the regulatory structure must foster financial stability without stifling financial innovation, in his remarks delivered at a conference at New York University. He highlights the following considerations for redesigning financial system regulation: addressing the too-big-to-fail and too-interconnected-to-fail issue; developing systematic and transparent regulatory approaches for dealing with firms that pose systemic risk; and examining the Federal Reserve's future role in ensuring financial stability. Fri, 06 Mar 2009 15:00:00 GMT http://www.federalreserve.gov/fomc/beigebook/2009/20090304/default.htm http://www.federalreserve.gov/fomc/beigebook/2009/20090304/default.htm March 4, 2009 — The Federal Reserve Board of Governors released the Beige Book today. The Beige Book is a summary of anecdotal information on current economic conditions in each of the 12 Federal Reserve Districts. Wed, 04 Mar 2009 21:00:00 GMT http://www.federalreserve.gov/newsevents/press/bcreg/20090304a.htm http://www.federalreserve.gov/newsevents/press/bcreg/20090304a.htm March 4, 2009 — The federal bank, thrift, and credit union regulatory agencies encourage all federally regulated financial institutions that service or hold residential mortgage loans to participate in the "Making Home Affordable" loan modification program. Guidelines for the program were announced today by the Treasury Department. Wed, 04 Mar 2009 17:00:00 GMT http://www.federalreserve.gov/newsevents/press/other/20090302a.htm http://www.federalreserve.gov/newsevents/press/other/20090302a.htm March 2, 2009 — The U.S. Treasury Department and the Federal Reserve Board today announced a restructuring of the government's assistance to AIG in order to stabilize this systemically important company in a manner that best protects the U.S. taxpayer. Specifically, the government's restructuring is designed to enhance the company's capital and liquidity in order to facilitate the orderly completion of the company's global divestiture program. Mon, 02 Mar 2009 15:00:00 GMT http://www.philadelphiafed.org/publications/speeches/plosser/2009/02-27-09_us-monetary-policy-forum.cfm http://www.philadelphiafed.org/publications/speeches/plosser/2009/02-27-09_us-monetary-policy-forum.cfm February 27, 2009 — President Plosser suggests three ways to strengthen the Federal Reserve's credibility and its commitment to making sound monetary policy in the aftermath of crisis. See the text of today's speech, presented at the U.S. Monetary Policy Forum in New York City. Fri, 27 Feb 2009 18:45:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ February 27, 2009 — The Philadelphia Fed today posted an analysis of data on regional housing permits for January. Fri, 27 Feb 2009 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ Wed, 25 Feb 2009 13:30:00 GMT http://www.federalreserve.gov/monetarypolicy/bst.htm http://www.federalreserve.gov/monetarypolicy/bst.htm Mon, 23 Feb 2009 17:00:00 GMT http://www.federalreserve.gov/newsevents/press/bcreg/20090223a.htm http://www.federalreserve.gov/newsevents/press/bcreg/20090223a.htm Mon, 23 Feb 2009 17:00:00 GMT http://www.philadelphiafed.org/research-and-data/publications/banking-legislation-and-policy/ http://www.philadelphiafed.org/research-and-data/publications/banking-legislation-and-policy/ February 19, 2009 — The Federal Reserve Bank of Philadelphia today released the Fourth Quarter 2008 Banking Legislation and Policy. This issue covers the domestic and international responses to the financial crisis and developments in accounting. Thu, 19 Feb 2009 21:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos0209.cfm http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos0209.cfm February 19, 2009 — Conditions in the region's manufacturing sector continued to deteriorate this month, according to the firms polled for the February Business Outlook Survey. The general activity index remained negative, decreasing from –24.3 in January to -41.3. In the special questions, manufacturers were asked about inventories. Thu, 19 Feb 2009 15:00:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/2009/021309.cfm http://www.philadelphiafed.org/newsroom/press-releases/2009/021309.cfm February 13, 2009 — The participants in the first quarter Survey of Professional Forecasters, released today, see weaker conditions in the economy than they did in the fourth quarter 2008 survey. Fri, 13 Feb 2009 15:00:00 GMT http://www.federalreserve.gov/newsevents/press/monetary/20090210b.htm http://www.federalreserve.gov/newsevents/press/monetary/20090210b.htm Tue, 10 Feb 2009 17:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ February 6, 2009 — The Philadelphia Fed today posted analysis related to December's metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. The data were recently released by the Bureau of Labor Statistics. Fri, 06 Feb 2009 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/ http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/leading/ February 3, 2009 — The Philadelphia Fed today released December's leading indexes for Delaware, New Jersey, and Pennsylvania. Tue, 03 Feb 2009 15:00:00 GMT http://www.federalreserve.gov/newsevents/press/bcreg/20090130a.htm http://www.federalreserve.gov/newsevents/press/bcreg/20090130a.htm Fri, 30 Jan 2009 17:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/south-jersey-business-survey/ http://www.philadelphiafed.org/research-and-data/regional-economy/south-jersey-business-survey/ January 30, 2009 — The Federal Reserve Bank of Philadelphia today released the Fourth Quarter 2008 South Jersey Business Survey. The survey's participants are members of the Chamber of Commerce of Southern New Jersey and are business establishments located in the South Jersey region, including Camden, Burlington, and Gloucester counties. Fri, 30 Jan 2009 17:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ January 30, 2009 — The Philadelphia Fed today posted an analysis of data on regional housing permits for December 2008. Fri, 30 Jan 2009 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/ http://www.philadelphiafed.org/research-and-data/regional-economy/indexes/coincident/ January 29, 2009 — December's coincident indexes for the 50 states were released today. Thu, 29 Jan 2009 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ January 28, 2009 — The Philadelphia Fed today posted analysis related to December's metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. The data were recently released by the Bureau of Labor Statistics. Wed, 28 Jan 2009 13:30:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos0109.cfm http://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2009/bos0109.cfm January 15, 2009 — Manufacturing in the region experienced continuing declines this month, according to respondents to January's Business Outlook Survey. The general activity index remained negative, but it improved to a reading of –24.3 this month revised from –36.1 in December. In the special questions, manufacturers were asked about how problems related to the recent turmoil in credit markets affected them. Thu, 15 Jan 2009 15:00:00 GMT http://www.philadelphiafed.org/publications/speeches/plosser/2009/01-14-09_university-of-delaware.cfm http://www.philadelphiafed.org/publications/speeches/plosser/2009/01-14-09_university-of-delaware.cfm January 14, 2009 — President Plosser provides his economic outlook and discusses the difficulties in conducting monetary policy when the target fed funds rate is near zero. He also outlines some of the challenges created by the Federal Reserve's lending facilities. Wed, 14 Jan 2009 13:30:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/ http://www.philadelphiafed.org/newsroom/press-releases/ January 13, 2009 — The Federal Reserve Bank of Philadelphia today announced executive and officer promotions. Tue, 13 Jan 2009 20:00:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/2009/011309C.cfm http://www.philadelphiafed.org/newsroom/press-releases/2009/011309C.cfm January 13, 2009 — The Federal Reserve Bank of Philadelphia today announced that Robert Hunt is promoted to assistant vice president in the Payment Cards Center and will become the center's director in April. Tue, 13 Jan 2009 20:00:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/2009/010909.cfm http://www.philadelphiafed.org/newsroom/press-releases/2009/010909.cfm January 9, 2009 — The Federal Reserve Bank of Philadelphia's Real-Time Data Research Center will now publish a business conditions index that summarizes a number of key economic indicators. The index and associated commentary will be available on our site shortly after the U.S. government agencies release these indicators. Fri, 09 Jan 2009 15:00:00 GMT http://www.philadelphiafed.org/research-and-data/regional-economy/ http://www.philadelphiafed.org/research-and-data/regional-economy/ January 9, 2009 — The Philadelphia Fed today posted analysis related to November's metropolitan area employment data for Delaware, New Jersey, and Pennsylvania. The data were recently released by the Bureau of Labor Statistics. Fri, 09 Jan 2009 13:30:00 GMT http://www.philadelphiafed.org/foreclosure/toolkit/ http://www.philadelphiafed.org/foreclosure/toolkit/ January 8, 2009 — The Federal Reserve has created a toolkit to help communities assess the foreclosures in their area, reach troubled homeowners, and provide support for displaced homeowners. The goal is to provide resources that will help address and minimize foreclosures' impact on neighborhoods. Thu, 08 Jan 2009 22:00:00 GMT http://www.philadelphiafed.org/newsroom/press-releases/2009/010809.cfm http://www.philadelphiafed.org/newsroom/press-releases/2009/010809.cfm January 8, 2009 — Historical data for the Business Outlook Survey have been revised to include new seasonal adjustment factors. Because survey responses exhibit seasonal patterns, new seasonal factors are calculated each year based on the addition of a complete year of data. Thu, 08 Jan 2009 15:00:00 GMT