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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.

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Economic Events this Week
7/15Mon08:30AM : Jul New York Fed Empire State Manufacturing Survey
7/16Tue07:45AM : Weekly TRE-GS Store Sales Index
7/16Tue08:30AM : Jun U.S. Import Index
7/16Tue08:30AM : Jun Retail Sales
7/16Tue08:30AM : Jun Retail Sales Ex Autos
7/16Tue09:00AM : Weekly Redbook Retail Sales Index
7/16Tue09:15AM : Jun Industrial Production
7/16Tue09:15AM : Jun Capacity Utilization
7/16Tue10:00AM : May Business Inventories
7/16Tue10:00AM : Jul NAHB Housing Market Index
7/16Tue04:00PM : July U.S. Treasury International Capital
7/17Wed07:00AM : Weekly MBA Mortgage Applications Survey
7/17Wed08:30AM : Jun Housing Starts
7/17Wed10:30AM : Weekly U.S. Petroleum Status Report
7/17Wed02:00PM : Federal Reserve Beige Book
7/18Thu08:30AM : Jul Philadelphia Fed Mfg Business Outlook Survey
7/18Thu08:30AM : Weekly Initial Jobless Claims
7/18Thu10:00AM : Jun Conference Board U.S. Leading Economic Indicators
7/19Fri10:00AM : Jun Regional and State Employment and Unemployment
7/19Fri10:00AM : Mid-Jul Univ. of Michigan Consumer Sentiment Index
Latest Economic Results Provided by
Empire State Manufacturing Survey Conditions grew modestly in July

07/15/19 - Business activity rebounded modestly in New York State, according to firms responding to the July 2019 Empire State Manufacturing Survey. The headline general business conditions index climbed out of negative territory, rising thirteen points to 4.3. New orders were little changed, and shipments increased. Unfilled orders and inventories …more…

Producer Price Index rose 0.1% in June, ex Fd & Engy unch%

07/12/19 - The Producer Price Index for final demand advanced 0.1 percent in June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.1 percent in May and 0.2 percent in April. (See table A.) On an unadjusted basis, the final demand index rose 1.7 percent for the 12 months ended in June, the lowest rate …more…

Consumer Price Index increased 0.1% in June, Ex Fd & Engy rose 0.3%

07/11/19 - The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in June on a seasonally adjusted basis, the same increase as in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.6 percent before …more…

Weekly Initial Unemployment Claims Decrease 13,000 to 209,000

07/11/19 - In the week ending July 6, the advance figure for seasonally adjusted initial claims was 209,000, a decrease of 13,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 221,000 to 222,000. The 4-week moving average was 219,250, a decrease of 3,250 from the previous week's revised average. The …more…

Real Average Hourly Earnings increased 0.2% in June

07/11/19 - Real average hourly earnings for all employees increased 0.2 percent from May to June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.2-percent increase in average hourly earnings combined with a 0.1-percent increase in the Consumer Price Index for All Urban …more…

Wholesale Inventories up 0.4% in May

07/10/19 - May 2019 sales of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading day differences but not for price changes, were $503.4 billion, up 0.1 percent (±0.4 percent)* from the revised April level and were up 0.4 percent (±0.9 percent)* from the May 2018 level. The March 2019 …more…

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

07/10/19 - Mortgage applications decreased 2.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 5, 2019. This week's results include an adjustment for the Fourth of July holiday.

The Market Composite Index, a measure of mortgage loan application volume, decreased 2.4 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 22 percent compared with the previous week. The Refinance Index decreased 7 …more…

Job Openings was little changed at 7.3 million in May

07/09/19 - The number of job openings was little changed at 7.3 million on the last business day of May, the U.S. Bureau of Labor Statistics reported today. Over the month, hires fell to 5.7 million and separations edged down to 5.5 million. Within separations, the quits and the layoffs and discharges rates were unchanged at 2.3 percent and 1.2 …more…

NFIB Small Business Optimism Index slipped 1.7 points to 103.3 in June

07/09/19 - America’s small business owners’ optimism took a modest downturn in June, according to the NFIB Small Business Optimism Index, slipping 1.7 points to 103.3. While optimism remains at historically high levels, the June figure reverses the gain posted in May, with six components falling, three improving, and one unchanged. The Uncertainty Index …more…

Consumer Credit Increased at an annual rate of 5.00% in May

07/08/19 - In May, consumer credit increased at a seasonally adjusted annual rate of 5 percent. Revolving credit increased at an annual rate of 8-1/4 percent, while nonrevolving credit increased at an annual rate of 4 percent.


Monthly Meetings Philadelphia Federal Reserve Bank
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Philadelphia, PA 19106
(Seventh & Arch St Entrance)

National Association for Business Economics

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Bond Club of Philadelphia - Economic Events and News

Philadelphia Business Journal

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