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Journal Article
Agriculture in the Third District: fertile fields outside the farm belt
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 economy. In this article, Tim Schiller looks at the contributions the three states make to the nation's agricultural bounty.
Journal Article
A new look at economic indexes for the states in the Third District
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 states in the Third District. Now, a number of factors suggest that revisions of those indexes are in order. This article explains what those revisions entail and why the new indexes are better than the old ones.
Journal Article
The changing faces of the Third District: a snapshot of the region from the 2000 census.
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.
Journal Article
De novo banking in the third district