Federal Reserve Bank of Philadelphia
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Consumers in Philadelphia Region Pull Back on Spending, Fed Reports
With strong economic growth but a slowing labor market last year, a theme of 2026 will be “waiting for clarity,” according to Federal Reserve Bank…
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‘Cautious Optimism’ the Refrain at Firstrust Bank-Sponsored Chamber Event on State of Region’s Economy
Business and civic leaders from across the region recently gathered for The Chamber of Commerce for Greater Philadelphia’s annual State of the Economy event, where…
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Washington Post: Homes Are Getting Older and Crumbling, Especially in Northeast Cities Like Philadelphia
In various cities across the nation, especially those like Philadelphia, homeowners are struggling to maintain and repair their aging homes, writes Tim Craig for The…
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Federal Reserve Bank of Philadelphia Ushers In New Era As Anna Paulson Takes Reigns
Anna Paulson officially began her tenure as the new president of the Federal Reserve Bank of Philadelphia on July 1, writes Kristen Mosbrucker-Garza for WHYY.…
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Family’s Media Business Inspired Rosemary Connors to Replace Anchor Desk With Hard Hat
Rosemary Connors left a 15-year reporter and anchor career at NBC10 to create a scaffolding company, Rosette Specialty Trades, writes Jeff Blumenthal for the Philadelphia…
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Manufacturing Activity in Philadelphia Region Expands Overall, Survey Finds
Manufacturing activity in the Philadelphia region expanded overall, according to the Federal Reserve Bank of Philadelphia’s October Manufacturing Business Outlook Survey. Indicators for current general…
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Children’s Hospital of Philadelphia Continues To Thrive Under Madeline Bell’s Leadership
Madeline Bell became the first woman to hold the position of the Children’s Hospital of Philadelphia chief executive nearly a decade ago, and the hospital…
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As Longtime Sponsor of Philly Chamber’s Annual Economic Outlook, Firstrust Bank Underscores Its Commitment to Region’s Economic Development
For the 14th consecutive year, Firstrust Bank — Philadelphia’s Hometown Bank, which was founded during the Great Depression — sponsored The Chamber of Commerce for…
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The Foundation for Delaware County Welcomes 2 New Board Members
Two new board members, Steven Scott Bradley, and Robert Dumont, have been elected to The Foundation for Delaware County’s Board of Directors. Four other community…
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Philadelphia Among Peer Cities Most Heavily Reliant on Eds and Meds Economy
A new report from the Federal Reserve Bank of Philadelphia found that higher education institutions and hospitals power close to 13 percent of the economy…
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August 2022 Manufacturing Activity Grinds Forward Locally for First Time in Three Months
The Phila.-area manufacturing industry topped its projections for Aug., expanding for the first time in three months. But there’s still a long way to go…
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Angst on the Assembly Line: Manufacturing in Phila. Area Sees Weakest Growth in Two Years
A survey from the Federal Reserve Bank of Philadelphia shows that regional manufacturing expanded only marginally in May, recording the weakest growth in two years.…
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Federal Reserve Bank of Philadelphia Appoints Meridian Bank CEO to Its Advisory Council
The Federal Reserve Bank of Philadelphia has appointed Meridian Bank CEO Chris Annas to a three-year term on its Community Depository Institutions Advisory Council (CDIAC).…
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Lack of Skilled Workers a Major Concern for Local Companies
Lack of skilled workers ahead of the coming hiring boom is one of the main concerns of Philadelphia-area companies, writes Bob Fernandez for the Philadelphia…
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