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Bank:Federal Reserve Bank of Philadelphia  Series:Research Rap Special Report 

Journal Article
State unemployment rate nowcasts

Research Rap Special Report , Issue Oct

Journal Article
What does the Philadelphia Fed's Business Outlook Survey say about local activity?

Research Rap Special Report , Issue Dec

Journal Article
Recession dating and real-time data

Research Rap Special Report , Issue Jun

Journal Article
Core inflation as a predictor of total inflation

Research Rap Special Report , Issue Apr

Journal Article
Venture capital in the Philadelphia metro area

Many consider venture capital to be a barometer of innovation and economic growth. It is an important source of capital for startups that banks deem too risky to finance. Therefore, it would be useful to examine how the venture capital industry has fared during the recent recession. This report focuses on the Philadelphia metro area and how it compares with the nation. In particular, it highlights the fact that the area increased its share of the nation?s biotechnology deals during the recession.
Research Rap Special Report , Issue Oct

Journal Article
Real-time performance of GDPplus and alternative model-based measures of GDP: 2005—2014

Like most macroeconomic variables, real gross domestic product is subject to measurement error. Because the U.S. Bureau of Economic Analysis lacks complete information at the time it publishes its initial GDP estimates, revisions are often substantial. Analysts concerned about the accuracy of these early estimates for expenditure GDP could focus instead on gross domestic income, the BEA?s measure of U.S. output on the income side of the national accounts. Conceptually, GDP on the expenditure side should equal GDP on the income side, and there should be no choice to make between the two ...
Research Rap Special Report , Issue Nov

Journal Article
First quarters in the national income and product accounts

Prompted by their expectations of an initial estimate of a marked slowdown in U.S. real gross domestic product growth in the first quarter of 2015, commentators and analysts have drawn attention to an apparent ?first-quarter effect? in the U.S. national income and product accounts
Research Rap Special Report , Issue May

Journal Article
Third District housing market conditions

Research Rap Special Report , Issue Mar

Journal Article
Wealth inequality among the Forbes 400 and U.S. households overall

While widening income inequality in the United States has garnered much public and academic attention in recent years, wealth inequality reveals an even starker picture. For instance, in 2010, the top 1 percent of income earners received 19.8 percent of total household income. In the same year, the wealthiest 1 percent held 35.4 percent of total household wealth (Kaplan 2013). Moreover, wealth inequality has increased in recent decades, with most gains concentrated among the richest 20 percent of households (Wolff 2013).
Research Rap Special Report , Issue Jul

Journal Article
State tax revenue in the Third District

Research Rap Special Report , Issue Nov

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