Search Results
Journal Article
Regional Spotlight: The State of the States
The U.S. economy has been expanding for seven years ? but don?t tell that to a handful of states that have suffered recessions recently. Paul R. Flora discusses how Philadelphia Fed indexes may aid in the tricky business of identifying recession patterns among the 50 states.
Journal Article
Regional Spotlight: State Business Cycles vs. COVID
Our state business cycle dating algorithm was no match for COVID-19.
Journal Article
What's holding back homebuilding?
Homebuilding is typically a casualty of economic downturns, but it is also true that most economic recoveries are built upon a resumption of pounding hammers and buzzing blades. Not so with the recovery from the Great Recession. After new home construction slowed dramatically in the recession, the sector not only failed to lead the overall recovery as usual but significantly lagged it. Even now that overall economic growth and employment have largely resumed growing solidly, homebuilding and construction employment levels remain far below normal in Pennsylvania, New Jersey, and Delaware as ...
Journal Article
Regional Spotlight: Poverty in Philadelphia, and Beyond
The focus on poverty within the city of Philadelphia misses the bigger picture—and the state’s role.
Journal Article
Regional Spotlight Measuring State Employment
We introduce our new quarterly Early Benchmarks of monthly state employment estimates.
Journal Article
Regional Spotlight Measuring State Employment
We introduce our new quarterly Early Benchmarks of monthly state employment estimates.
Journal Article
Regional Spotlight: State Business Cycles vs. COVID
Our state business cycle dating algorithm was no match for COVID-19
Journal Article
Regional Spotlight: Smart Growth for Regions of All Sizes
Pittsburgh?s population has shrunk by 400,000 since 1969, making it the poster child for urban shrinkage. So why is it doing so well? Sometimes, smaller really is better.
Journal Article
Regional spotlight: what's holding back homebuilding?
The construction industry, often the first to resume hiring after an economic downturn, still hasn't recovered from the Great Recession. Paul Flora examines the forces that have held back this sector in our region and around the country.
Journal Article
Regional Spotlight: The State of the States
The U.S. economy has been expanding for seven years ? but don?t tell that to a handful of states that have suffered recessions recently. Paul R. Flora discusses how Philadelphia Fed indexes may aid in the tricky business of identifying recession patterns among the 50 states.