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
05/04/16 12:00PM"Welcome to Bizarro World...Reading the Economic Tea Leaves"
Richard Yamarone, Senior Economist
Bloomberg Economics BRIEF

05/23/16 05:30PMMembers Only Special Event:
An Evening with Federal Reserve Bank of Philadelphia President Patrick Harker

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
05/04/16 "Welcome to Bizarro World...Reading the Economic Tea Leaves"
Richard Yamarone, Senior Economist
Bloomberg Economics BRIEF

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

03/02/16 "Global Divergence and the Obama Dollar Rally"
Marc Chandler
Global Head of Currency Strategy
Brown Brothers Harriman

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

Today's Economic Events
07:00AMWeekly MBA Mortgage Applications Survey:
08:15AMApr ADP National Employment Report:
08:30AM1Q2016 U.S. Labor Productivity:
08:30AMMar U.S. Trade Deficit
10:00AMMar Factory Orders:
10:00AMApr Conference Board Help Wanted Online:
10:00AMApr ISM Non-Manufacturing Index:
10:30AMWeekly U.S. Petroleum Status Report:

Latest Economic News
05/04/16 10:00AMNew orders for manufactured goods Increased 1.1% in March
05/04/16 10:00AMHelp Wanted OnLine Labor Demand increased 39,600 to 5,170,100 in April
05/04/16 10:00AMISM Non-Manufacturing Index grew at 55.7% in April
05/04/16 08:30AM1Q2016 Productivity Growth Decreased 1.0%
05/04/16 08:30AMGoods and Services Deficit Decreased in March 2016
05/04/16 08:15AMADP National Employment Report increased by 156,000 jobs in April

Federal Reserve Board Speech
04/14/16Speech by Governor Brainard on the use of distributed ledger technologies in payment, clearing, and settlement
04/14/16Testimony by Governor Powell on trends in fixed-income markets
03/29/16Speech by Chair Yellen on the outlook, uncertainty, and monetary policy
03/07/16Speech by Vice Chairman Fischer on reflections on macroeconomics then and now
03/07/16Speech by Governor Brainard on an update on the outlook, liquidity, and resilience
02/26/16Speech by Governor Brainard on what happened to the Great Divergence

Federal Reserve Press Release
05/03/16Agencies propose net stable funding ratio rule
05/03/16Federal Reserve Board proposes rule to support U.S. financial stability by enhancing the resolvability of very large and complex financial firms
05/03/16Federal Reserve Board issues enforcement action and termination of enforcement action
05/02/16Federal Reserve Board announces approval of application by Republic Bancorp, Inc.
05/02/16Federal Reserve Board announces approval of joint agency notice of proposed rulemaking to implement incentive compensation provisions of section 956 of the Dodd Frank Wall Street Reform and Consumer Protection Act
05/02/16Senior Loan Officer Opinion Survey on Bank Lending Practices

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