Philadelphia Council for Business Economics ("PCBE") primary objectives are:

Provide a convenient way for meeting business professionals in the Greater Philadelphia area.

To have programs and speakers on topics of special interest to business professionals.

To offer a vehicle to universities, community organizations, and other professional groups to contact local business professionals on programs and activities of mutual interest.

Our Upcoming Events
03/02/16 12:00PM"FX Strategy"
Marc Chandler
Global Head of Currency Strategy
Brown Brothers Harriman

04/06/16 12:00PM"Economic Cycles - Where Are We Heading?"
Lakshman Achuthan, ECRI
Co-Founder and Chief Operations Officer

05/04/16 12:00PM"Outlook for the U.S. Economy"
Richard Yamarone, Senior Economist
Bloomberg Economics BRIEF

06/01/16 12:00PM"Global Markets and Asset Allocation"
Lisa Emsbo-Mattingly, Director of Research
Global Asset Allocation Group, Fidelity Investments

11/02/16 12:00PM"Election Economics"
John Silvia, Chief Economist
Wells Fargo Securities

Recent Meeting Speaker Notes
02/03/16 "There’s a Disturbance in the Force"
Jason Pride, CFA
Director of Investment Strategy, Glenmede

01/06/16 "U.S. Bond Market Outlook"
Tom Tzitzouris
Strategas Research Partners
Fixed Income Strategist

12/09/15 Annual Evening Holiday Reception
Federal Reserve Bank of Philadelphia

11/02/15 "Modest Growth and Slow Pace of Fed Tightening When it Finally Begins"
Maria Fiorini Ramirez,
President & CEO, Maria Fiorini Ramirez, Inc.

Today's Economic Events
07:00AMJan NFIB Small Business Index:
07:45AMWeekly TRE-GS Store Sales Index:
09:00AMWeekly Redbook Retail Sales Index:
10:00AMDec Job Openings and Labor Turnover Survey:
10:00AMDec Wholesale Inventories:

Latest Economic News
02/09/16 Wholesale Inventories down 0.1% in December
02/09/16 Job Openings increased to 5.6 million in December
02/09/16 NFIB Small Business Optimism Index fell 1.3 points to 93.9
02/08/16 Employment Trends Index Increased in January to 128.93
02/05/16 Consumer Credit Increased at an annual rate of 7.25%
02/05/16 January Employment increased by 151,000
Unemployment Rate little changed at 4.9%

Federal Reserve Board Speech
02/01/16Speech by Vice Chairman Fischer on recent monetary policy
01/03/16Speech by Vice Chairman Fischer on monetary policy, financial stability, and the zero lower bound
12/03/15Speech by Vice Chairman Fischer on financial stability and shadow banks
12/03/15Testimony by Chair Yellen on economic outlook
12/02/15Speech by Chair Yellen on the economic outlook and monetary policy
12/02/15Opening Remarks by Governor Tarullo at the Economic Growth and Regulatory Paperwork Reduction Act Outreach Meeting

Federal Reserve Press Release
02/05/16G.19 Consumer Credit
02/05/16Federal Reserve Board announces $131 million penalty against HSBC North America Holdings, Inc. and HSBC Finance Corporation
02/03/16Reserve Bank Operations and Payment Systems Director to retire
02/02/16Federal Reserve highlights progress in efforts to improve U.S. payment system
02/02/16Federal Reserve Board announces termination of enforcement actions
01/29/16Federal Reserve Board extends comment period to February 19, 2016, for proposed rule to strengthen ability of largest domestic and foreign banks operating in the U.S. to be resolved without extraordinary government support or taxpayer assistance

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

National Association for Business Economics

Global Interdependence Center
Philadelphia, PA

CFA Society of Philadelphia

Bond Club of Philadelphia - Economic Events and News

Philadelphia Business Journal

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