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In "The Changing Faces of the Third District: A Snapshot of the Region from the 2000 Census," Ted Crone describes some of these patterns and tells us what they mean for economic growth in this region.
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In recent years, the Philadelphia Fed’s Business Outlook Survey (BOS) has received a great deal of attention from financial journalists and market participants. The monthly survey gathers information from manufacturers in the Third Federal Reserve District about current conditions at their...
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Although not part of the nation's agricultural heartland, the three states of the Third Federal Reserve District (Pennsylvania, New Jersey, and Delaware) nonetheless supply a significant percentage of some commodities. In some parts of the region, agriculture is a significant part of the local...
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Over the past 30 years, the three states of the Third Federal Reserve District have lost more than one-third of their manufacturing jobs. And that job loss has accelerated over the past 15 years. Despite this, the region's manufacturing output has expanded over the same period, although much...
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If we want to know how things are going in the economy, which measures should we look at? Unemployment? GDP? Or something else? One solution is to combine several measures into a composite index of current or future economic activity. Several years ago, the Philadelphia Fed did just that for the...
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How much economic activity does travel generate? How many jobs does the travel industry create? And how do the Third District states—Pennsylvania, New Jersey, and Delaware—stack up in terms of travel-related spending? Tim Schiller takes a look at these questions and discusses the importance...
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