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 June2020 - Dec2009 - Sep2010.

Current Peak in U.S. Economic Activity was February 2020
Last Peak in U.S. Economic Activity was December 2007 and Last 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


Latest Economic Results Provided by OneWall.com
University of Michigan Consumer Confidence rose in October to 81.8

10/30/20 - Consumer sentiment has remained largely unchanged in the past month with gains prospects for the overall economy offset by declines in buying attitudes, according to the University of Michigan Surveys of Consumers.

The expected improvements in the economy were largely driven by those who expected Joe Biden to win, while the declines in buying attitudes were due to uncertain prospects for jobs and incomes due to the resurgence in COVID infection and death rates, said U-M economist …more…

Chicago Purchasing Managers Index eased 1.3 points to 61.1 in October

10/30/20 - The Chicago Business Barometer, produced with MNI, eased to 61.1 in October, edging lower after a sharp increase in September. However, it still marks the fourth consecutive reading above the 50-mark after sitting below it for a year.

Among the five main indicators, New Orders was the only category to show a monthly uptick, while Production recorded the largest decline. …more…

Personal Income increased 0.9%, Spending increased 1.4% in September 2020

10/30/20 - Personal income increased $170.3 billion (0.9 percent) in September according to estimates released today by the Bureau of Economic Analysis (tables 3 and 5). Disposable personal income (DPI) increased $150.3 billion (0.9 percent) and personal consumption expenditures (PCE) increased $201.4 billion …more…

Pending Home Sales Index fell 2.2% in September

10/29/20 - Pending home sales experienced a minor decline in September after four consecutive months of contract activity growth, according to the National Association of Realtors®. While all four major U.S. regions recorded notable year-over-year increases, only the Northeast achieved month-over-month gains in pending home …more…

3Q2020 GDP preliminary estimate increased 33.1%

10/29/20 - Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP decreased 31.4 percent.

The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency (see "Source Data for the Advance Estimate" on page 2). The "second" estimate for the third quarter, based on more complete data, will be released …more…

Weekly Initial Unemployment Claims Decrease 40,000 to 751,000

10/29/20 - In the week ending October 24, the advance figure for seasonally adjusted initial claims was 751,000, a decrease of 40,000 from the previous week's revised level. The previous week's level was revised up by 4,000 from 787,000 to 791,000. The 4-week moving average was 787,750, a decrease of 24,500 from the previous week's revised average. …more…

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

10/28/20 - Mortgage applications increased 1.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 23, 2020.

The Market Composite Index, a measure of mortgage loan application volume, increased 1.7 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 2 percent compared with the previous week. The Refinance Index increased 3 …more…

Richmond Fed's Current Activity Index rose from 21 to 29 in October

10/27/20 - Fifth District manufacturing activity strengthened in October, according to the most recent survey from the Richmond Fed. The composite index rose from 21 in September to 29 in October, its highest reading on record, buoyed by increases in the shipments and new orders indexes, while the third component — the employment index — was unchanged. …more…

Consumer Confidence declined slightly in October 2020 to 100.9

10/27/20 - The Conference Board Consumer Confidence Index® declined slightly in October, after increasing sharply in September. The Index now stands at 100.9 (1985=100), down from 101.3 in September. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – increased from 98.9 to 104.6. However, …more…

S&P CoreLogic Case-Shiller Home Price Indices increase 1.1% in August 2020

10/27/20 - S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for August 2020 show that home prices continue to increase at a modest rate across the U.S.

Please note that transaction records for July 2020 for Wayne County, MI are now available. Due to delays at the local recording office caused by the COVID-19 lockdown, S&P Dow Jones Indices and CoreLogic were previously unable to generate a valid July 2020 update of the …more…












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Philadelphia, PA 19106
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