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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

Latest Economic Results Provided by
New orders for manufactured goods increased 0.3% in October

12/05/19 - New orders for manufactured goods in October, up following two consecutive monthly decreases, increased $1.4 billion or 0.3 percent to $497.0 billion, the U.S. Census Bureau reported today. This followed a 0.8 percent September decrease. Shipments, up following three consecutive monthly decreases, increased less than $0.1 billion or …more…

Goods and Services Deficit Decreased in October 2019

12/05/19 - The nation's international trade deficit in goods and services decreased to $47.2 billion in October from $51.1 billion in September (revised), as imports decreased more than exports. The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $47.2 billion in October, down $3.9 …more…

Weekly Initial Unemployment Claims Decrease 10,000 to 203,000

12/05/19 - In the week ending November 30, the advance figure for seasonally adjusted initial claims was 203,000, a decrease of 10,000 from the previous week's unrevised level of 213,000. The 4-week moving average was 217,750, a decrease of 2,000 from the previous week's unrevised average …more…

Challenger Layoffs announced 44,569 cuts in November

12/05/19 - Job cuts announced by U.S.-based employers fell to 44,569 in November, 11.3% lower than the 50,275 cuts announced in October, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

Last month’s total is 16% lower than the 53,073 cuts announced in the same month last year. …more…

ISM Non-Manufacturing Index down to 53.9% in November

12/04/19 - Economic activity in the non-manufacturing sector grew in November for the 118th consecutive month, say the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM® Report On Business®.

The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management® (ISM®) Non-Manufacturing Business Survey Committee: “The NMI® registered 53.9 percent, which is 0.8 percentage points lower than the October reading of …more…

ADP National Employment Report increased by 67,000 jobs in November

12/04/19 - Private sector employment increased by 67,000 jobs from October to November according to the November ADP National Employment Report®.

“In November, the labor market showed signs of slowing,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “The goods producers still struggled; whereas, the service providers remained in positive territory driven by healthcare and professional …more…

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

12/04/19 - Mortgage applications decreased 9.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 29, 2019. This week's results include an adjustment for the …more…

Paychex-IHS Small Business Jobs Index flat to 98.11 in November

12/03/19 - Small Business Wage Growth Hits New High, Job Growth Consistent in November. The Paychex | IHS Markit Small Business Employment Watch shows hourly earnings growth at its highest level since 2011. The tight labor market continues to positively impact wage growth, according to the latest Paychex | IHS Markit Small Business Employment Watch. …more…

New York Purchasing Managers Business Activity rose to 50.4 in November

12/03/19 - In November, New York City purchasing managers expressed the same cautious optimism reported in October, according to the survey taken by the Institute for Supply Management-New York.

New York Metro
Current Business Conditions rose for the second month in a row, reaching a 7-month high of 50.4 in November after falling short of the breakeven point by coming in at 47.7 in October. The Six-Month Outlook also rose for the second consecutive month, reaching …more…

ISM Manufacturing Index Decreased to 48.1% in November

12/02/19 - Economic activity in the manufacturing sector contracted in November, and the overall economy grew for the 127th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: “The November PMI® registered 48.1 percent, a decrease of 0.2 percentage point from the October reading of 48.3 …more…

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10 N Independence Mall W
Philadelphia, PA 19106
(Seventh & Arch St Entrance)

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Philadelphia, PA

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Bond Club of Philadelphia - Economic Events and News

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