
Statement
A Message from President and CEO Anna Paulson
Read a message from Philadelphia Fed President and CEO Anna Paulson on her first day in office.

Article
Understanding Job Growth
Economic Insights — Even seemingly healthy job growth might hide weaknesses in the economy if a large portion of that growth happens in acyclical sectors such as health care and government.

Labor Markets and Opportunity: Is Our Workforce Getting Smaller?
29 May ’25
President and CEO Patrick T. Harker, Economic Growth & Mobility Project Director Ashley Putnam, and Outreach Economist Ryo Tashiro explore the shrinking U.S. labor force.
Banking
A source for information on supervisory guidance, resources, and tools to aid community bankers. Read the latest release.
Aruoba-Diebold-Scotti Business Conditions Index
27 Jun ’25
An index designed to track real business conditions at high observation frequency

Article
A Guide to Understanding Mortgage-Backed Securities
18 Jun ’25
Research in Focus — James Vickery of the Philadelphia Fed and his coauthors discuss the mortgage-backed securities (MBS) market in detail, with a special focus on government-backed residential MBS.
Speech
Economic Outlook and Final Thoughts
Philadelphia Council for Business Economics | Philadelphia, PA