Map of the Twelve Federal Reserve Districts
Image map of the United States with links to websites of the Federal Reserve Districts
First District: Boston Second District: New York Third District: Philadelphia Fourth District: Cleveland Board of Governors Board of Governors Fifth District: Richmond Sixth District: Atlanta Seventh District: Chicago Eighth District: St. Louis Ninth District: Minneapolis Tenth District: Kansas City Eleventh District: Dallas Twelfth District: San Francisco Twelfth District: San Francisco
National Bureau of Economic Research (NBER)
Business Cycle Dating Committee Page - Watch NBER's Jim Poterba on CNBC Dec2009 - Sep2010.

Last Peak in U.S. Economic Activity was December 2007 and Current Trough was June 2009
Previous Peak in U.S. Economic Activity was March 2001 and Previous Trough was November 2001.

More Federal Reserve System News


Economic Events this Week
1/27Mon10:00AM : Dec New Home Sales
1/27Mon10:30AM : Jan Dallas Fed Manufacturing Survey
1/28Tue07:45AM : Weekly TRE-GS Store Sales Index
1/28Tue08:30AM : Dec Durable Goods Orders
1/28Tue09:00AM : Federal Open Market Committee Meeting Day 1 of 2
1/28Tue09:00AM : Nov S&P/Case-Shiller Home Price Index
1/28Tue09:00AM : Weekly Redbook Retail Sales Index
1/28Tue10:00AM : Jan Conference Board Consumer Confidence Index
1/28Tue10:00AM : Jan Richmond Fed Manufacturing Survey
1/29Wed07:00AM : Weekly MBA Mortgage Applications Survey
1/29Wed09:00AM : Federal Open Market Committee Meeting Day 2 of 2
1/29Wed10:00AM : 2Q2019 Business Employment Dynamics
1/29Wed10:00AM : Dec Pending Home Sales Index
1/29Wed10:30AM : Weekly U.S. Petroleum Status Report
1/29Wed02:00PM : Federal Open Market Committee Meeting Statement
1/29Wed02:30PM : Federal Open Market Committee Press Conference
1/30Thu08:30AM : 4Q2019 Gross Domestic Product (GDP) Advance
1/30Thu08:30AM : Weekly Initial Jobless Claims
1/30Thu10:00AM : 4Q2019 Housing Vacancies/Ownership
1/31Fri08:30AM : Dec Personal Income
1/31Fri08:30AM : Dec Personal Spending
1/31Fri08:30AM : 4Q2019 Employment Cost Index (ECI)
1/31Fri09:45AM : Jan Chicago Purchasing Managers Index
1/31Fri10:00AM : Jan Univ. of Michigan Consumer Sentiment Index
Latest Economic Results Provided by OneWall.com
Texas Fed Manufacturing Activity Accelerated in January

01/27/20 - Growth in Texas factory activity accelerated in January, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, rose seven points to 10.5, suggesting stronger output growth than …more…

New Home Sales in December 2019 at annual rate of 694,000

01/27/20 - New Home Sales
Sales of new single‐family houses in December 2019 were at a seasonally adjusted annual rate of 694,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.4 percent (±15.1 percent)* below the revised November rate of 697,000, but is 23.0 …more…

Kansas City Fed Manufacturing Activity was nearly flat in January

01/23/20 - Tenth District manufacturing activity was nearly flat in January while expectations for future activity expanded. The month-over-month prices for raw materials increased, while prices for finished products declined from a month ago. District firms continued to expect higher prices in the next …more…

U.S. Leading Economic Index declined 0.3% in December

01/23/20 - The Conference Board Leading Economic Index® (LEI)for the U.S. declined 0.3 percent in December to 111.2 (2016 = 100), following a 0.1 percent increase in November, and a 0.2 percent decline in October.

“The US LEI declined slightly in December, driven by large negative contributions from rising unemployment insurance claims and a drop in housing permits,” said Ataman Ozyildirim, Senior Director of Economic Research at The Conference Board. “The LEI has now declined in …more…

Weekly Initial Unemployment Claims Increase 6,000 to 211,000

01/23/20 - In the week ending January 18, the advance figure for seasonally adjusted initial claims was 211,000, an increase of 6,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 204,000 to 205,000. The 4-week moving average was 213,250, a decrease of 3,250 from the previous week's revised average. …more…

Existing-Home Sales increased 3.6% in December

01/22/20 - Existing-home sales grew in December, bouncing back after a slight fall in November, according to the National Association of Realtors®. Although the Midwest saw sales decline, the other three major U.S. regions reported meaningful growth last month.

Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 3.6% from November to a seasonally-adjusted annual rate of 5.54 million in December. Additionally, overall sales took a significant bounce, up …more…

Chicago Fed National Activity Index points to slower economic growth in December

01/22/20 - Led by declines in production-related indicators, the Chicago Fed National Activity Index (CFNAI) fell to –0.35 in December from +0.41 in November. Three of the four broad categories of indicators that make up the index decreased from November, and three of the four categories made negative contributions to the index in December. The …more…

Purchase Apps down, Refi's down in Latest MBA Weekly Survey

01/22/20 - Mortgage applications decreased 1.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 17, 2020.

The Market Composite Index, a measure of mortgage loan application volume, decreased 1.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 0.4 percent compared with the previous week. The Refinance Index decreased 2 …more…

Philadelphia Fed NonManufacturing Survey Suggest Activity continued to expand in January

01/21/20 - Responses to the January Nonmanufacturing Business Outlook Survey suggest continued expansion in nonmanufacturing activity in the region. The indexes for general activity at the firm level, new orders, and sales/revenues all rose. However, the index for full-time employment decreased. The firms continued to report overall increases in the …more…

Job Openings fell to 6.8 million in November

01/17/20 - The number of job openings fell to 6.8 million (-561,000) on the last business day of November, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.8 million and 5.6 million, respectively. Within separations, the quits rate was unchanged at 2.3 percent and the layoffs and …more…












Monthly Meetings held at the
Philadelphia Federal Reserve
10 N Independence Mall W
Philadelphia, PA 19106
(Seventh & Arch St Entrance)
Map



Arranged around the theme of “2020 Vision: Examining Policy Prescriptions in an Election Year,” NABE’s 36th Annual Economic Policy Conference explores competing visions and strategies for achieving the dual goals of economic growth and domestic security, as well as key challenges for policymakers including heightened tensions around globalization and trade alliances, demographic and political shifts, and rising economic nationalism.



Global Interdependence Center
Philadelphia, PA

CFA Society of Philadelphia

Bond Club of Philadelphia



OneWall.com - Economic Events and News

Philadelphia Business Journal

Quick Links
Bloomberg
CNBC-TV
Financial Times (UK)
NBC News
NY Times
Philadelphia Biz Journal
The Economist
Dismal Scientist
Dr. Ed Yardeni
Dr. Jeremy Siegel
FRED Graph
Lawrence Kudlow
NABE
Stone McCarthy
Market Map