Philadelphia

Phil Fed's Survey of Professional Forecasters

The Federal Reserve Bank of Philadelphia published its First Quarter 2007 Survey of Professional Forecasters on 13 February. Two measures of core inflation in the U.S. economy will decelerate in 2007 and hold nearly steady over the following two years,…

Philadelphia's Plosser on the economic outlook

In the speech 'The economic outlook: Prospects for 2007' given on 7 February Charles Plosser of the Federal Reserve Bank of Philadelphia said the central bank may need to raise its benchmark interest rate as recent stronger economic growth increases the…

Philadelphia Fed Business Outlook Survey, Dec 2006

According to the firms surveyed for the Philadelphia Fed's December 2006 Business Outlook Survey, overall economic conditions in the region's manufacturing sector declined slightly in December. Indicators for general activity, new orders, and unfilled…

Philadelphia Fed Business Review, 4th Quarter 2006

The Federal Reserve Bank of Philadelphia published its Business Review for the Fourth Quarter 2006 on 13 December. The latest issue has articles on housing, exports, and segmented markets. Written by Senior Economic Analyst Tim Schiller, the housing…

Philly Fed's Plosser hints at rate rise

Casting an eye over the current economic climate in the US, the president of Philadelphia's Reserve Bank said there was some risk that policy is not yet firm enough for a return to price stability over a reasonable time horizon.

Phil Fed's Survey of Professional Forecasters

The Federal Reserve Bank of Philadelphia published its Fourth Quarter 2006 Survey of Professional Forecasters on 13 November. The rate of growth in U.S. output over the next few quarters looks slower now than it did just three months ago, according to 51…

Philadelphia Fed Business Outlook Survey, Sep 2006

According to the firms surveyed for the Philadelphia Fed's September 2006 Business Outlook Survey, activity in the region's manufacturing sector slowed this month. Indicators for general activity, new orders, and shipments fell from their readings last…

Philadelphia Fed Business Outlook Survey, Aug 2006

According to the firms surveyed for the Philadelphia Fed's August 2006 Business Outlook Survey, activity in the region's manufacturing sector continued to expand. The indicator for general activity improved notably this month, and indicators for new…

Phil Fed's Survey of Professional Forecasters

The Federal Reserve Bank of Philadelphia published its Third Quarter 2006 Survey of Professional Forecasters on 14 August. Growth in U.S. real output over the near term looks a bit slower and inflation a bit higher than they did just three months ago,…

Philadelphia Fed Business Review, 2nd Quarter 2006

The Federal Reserve Bank of Philadelphia has published its regular Business Review for the Second Quarter 2006. Articles cover wage cyclicality, collateral, the relationship between technology and increased skills among workers, and an update to…

Philadelphia Fed names new president

The Federal Reserve Bank of Philadelphia announced Tuesday 6 June that Charles I. Plosser, a professor of economics, has been named president of the Philadelphia Fed.

Philadelphia Fed Business Outlook Survey, May 2006

According to the firms surveyed for the Philadelphia Fed's Business Outlook Survey, May 2006, business activity increased slightly. However, indicators for new orders, shipments, and employment were down from their readings in April.

Phil Fed's Survey of Professional Forecasters

The Federal Reserve Bank of Philadelphia published its Second Quarter 2006 Survey of Professional Forecasters on 15 May. Stronger growth in real GDP this year will come at the expense of weaker growth next year, according to 53 forecasters surveyed.

Stone on the national & regional economic outlook

In the speech 'National and regional economic outlook' given on 6 April William Stone of the Federal Reserve Bank of Philadelphia said the Federal Reserve must remain vigilant on inflation, but for now incoming data can guide future policy moves.

Philly Fed chief Santomero departs

According to this article published on Friday 31 March, Philadelphia Federal Reserve Bank president Anthony Santomero steps down during a phase of unusually high turnover at the U.S. central bank.

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