The Effects of Gentrification
How do gentrifying neighborhoods change, and who benefits? A new paper suggests that gentrification creates both challenges and opportunities for original resident adults and children, with important implications for housing policy.Read the Paper
Why did urban interstate construction in the 1950s and 1960s inspire mass protests and spur migration to the suburbs? A new paper sheds light on the quality of life effects of highways and the benefits to burying or capping them.Read the Paper
Federal Open Market Committee (FOMC) Releases Statement
Consistent with its statutory mandate to foster maximum employment and price stability, the FOMC decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.Read the Statement
Should Central Banks Issue Digital Currency?
Should a central bank issue a digital currency and, if so, how should it be designed and what are the macroeconomic implications? A new working paper looks at the potential benefits and costs of introducing such a digital currency.Read the Paper
Opportunity Occupations in the Third District
Registered nurses, maintenance workers, and retail sales supervisors are among the top opportunity occupations available in the Third District that don’t require a four-year degree and pay above the national annual median wage.Read the Summary
Business Conditions Index Updated
July 18, 2019
Current Manufacturing Indicators Suggest Continued Growth in July
July 18, 2019
Beige Book Released Today
July 17, 2019
Second Quarter 2019 South Jersey Business Survey Released
July 11, 2019
Partisan Conflict Index Updated
July 10, 2019
Analysis: June Unemployment Rate Nowcasts
July 5, 2019
A monthly survey of manufacturers in the Third Federal Reserve District.
A monthly survey of nonmanufacturers in the Third Federal Reserve District.
Combine four state-level indicators to summarize current economic conditions in a single statistic.
Predict the six-month growth rate of the state's coincident index.