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Sunday, April 26, 2015

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News & Advisories

Philadelphia Fed's Theresa Singleton Named Community Development Champion of the Year

April 24, 2015 — Theresa Singleton, vice president of the Community Development Studies and Education Department at the Philadelphia Fed, has been named Community Development Champion of the Year by the Philadelphia Association of Community Development Corporations. The award is given to an individual whose accomplishments have advanced the community development field. Read the release.

The Spring 2015 Issue of Cascade Is Now Available

April 24, 2015 — This issue of Cascade focuses on financial education and literacy. The articles examine individual development accounts for young people aging out of foster care, innovations on prize-linked savings and mobile devices, lessons from the Philadelphia Fed’s Keys to Financial Success personal finance course, and more. Read the issue.

March’s Coincident Indexes Show Increased Economic Activity in 41 States

April 24, 2015 — The Bank has released the coincident indexes, which measure current economic activity in each of the 50 states. In March, the indexes increased in 41 states, decreased in four, and remained stable in five. Over the past three months, the indexes increased in 46 states, decreased in three, and remained stable in one. Read the report. PDF

South Jersey Business Survey Released

April 23, 2015 — The South Jersey Business Survey for the first quarter of 2015 has been released. The survey is based on responses from members of the Chamber of Commerce of Southern New Jersey. Read the report.

Business Conditions Index Updated

April 23, 2015 — The Federal Reserve Bank of Philadelphia’s Real-Time Data Research Center has updated the ADS business conditions index with information on initial jobless claims for the week ending 4/18/2015.

February’s Leading Indexes Suggest Growth in 47 States into the Third Quarter

April 21, 2015 — The Bank has released January's and February'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. The January report suggests 46 states are projected to grow over the next six months, while four are projected to decrease. The February report suggests 47 states are projected to grow over the next six months, while three are projected to decrease. Read the reports. PDF

Regional Activity in Nonmanufacturing Industries Continued to Expand in April

April 21, 2015 — Expansion in the region's nonmanufacturing sectors continued in April, according to firms responding to this month's Nonmanufacturing Business Outlook Survey. The diffusion index for current activity at the firm level was little changed from 44.2 in March to 43.6 this month. Read the report.

February’s Coincident Indexes Show Increased Economic Activity in 46 States

April 17, 2015 — The Bank has released the coincident indexes, which measure current economic activity in each of the 50 states. In January, the indexes increased in 46 states, decreased in two, and remained stable in two. In February, the indexes increased in 46 states, decreased in one, and remained stable in three. Over the past three months, the indexes increased in 49 states and decreased in one (West Virginia). Read the reports. PDF

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Marilyn Wimp, ABC E-mail
Manager of Media Relations
(215) 574-4197
(267) 254-4555 (cell)

Daneil Mazone E-mail
Senior Media Relations Representative
(215) 574-7163
(267) 535-1808 (cell)

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