Tracking Weekly Economic Impacts of the COVID-19 Outbreak> > >
The Federal Reserve Bank of Philadelphia and our colleagues in Districts around the country continue to monitor the economy to better understand the scope of the economic damage this pandemic is causing. Given the speed with which the economy is changing, we are compiling weekly data for more timely, higher-frequency information for the regional and national economy. We believe this weekly information will be even more valuable for tracking the economy upward and restoring confidence — as businesses reopen and workers are called back.
We have launched a weekly survey of businesses in the Third District on COVID-19 impacts on aspects of firm demand, production, and employment. We are also compiling weekly labor market information for our three-state region and the nation. Results and charts can be found below.