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Tuesday, February 21, 2017

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Highlights

  • Patrick T. HarkerPhiladelphia Fed’s Harker: Alternative Paths to Education Could Ease Student Debt

    A closer look at student loan research shows that multifaceted solutions are needed to address the growing student debt issue, Federal Reserve Bank of Philadelphia President Patrick T. Harker said today in remarks at the Wharton School of the University of Pennsylvania. Read the press release. Read the speech.

  • Nonmanufacturing Business Outlook SurveyNonmanufacturing Activity Continued to Expand in February

    Business activity in the region continued to expand in February, according to the firms responding to this month’s Nonmanufacturing Business Outlook Survey. The diffusion index for general activity at the firm level rose from a reading of 33.3 in January to 38.0 in February. Firms remained optimistic about future activity over the next six months. Read the report.

  • Bank Appoints Comcast Senior VP to Economic and Community Advisory Council

    The Federal Reserve Bank of Philadelphia has appointed Devesh Raj, senior vice president of strategic and financial planning for Comcast Corporation, to its Economic and Community Advisory Council. Read the press release.

  • Manufacturing Business Outlook SurveyManufacturing Conditions Continued to Improve in February

    Manufacturing activity in the region continued to improve in February, according to firms responding to this month's Manufacturing Business Outlook Survey. The diffusion index of current activity increased from a reading of 23.6 in January to 43.3 this month. Read the report.

  • Patrick T. HarkerPresident Harker: Broad Policies Are Needed to Boost Economic Growth

    Inflation and labor market indicators suggest that the economy is “in pretty good shape,” but fiscal and other policies are necessary to move the needle on economic growth, Federal Reserve Bank of Philadelphia President Patrick T. Harker said today at the La Salle University 16th Annual Economic Outlook. Read the press release. Read the speech.

  • 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.

Economic Updates Last update: February 21, 2017, 8:30 a.m. ET

Business Outlook
Coincident Indexes
Leading Indexes
Regional
Data
ADS Business
Conditions
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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

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 16, 2017.

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