Regional Economic Analysis

Our regional economic analysts track the health of state and metro economies within and beyond the Third District. Their surveys, econometric models, and other analyses inform the public and advise policymakers about monetary policy, regional economic development, and other issues. To gauge the impact of the 2020 pandemic and recession, our team created a special survey and increased outreach efforts.

About Our Products

In the sections below, you will find links to:

  • Results from six ongoing surveys of firm activity in the Third District;
  • Monthly releases from three analytical models, analysis of weekly labor market data during the COVID-19 pandemic, and brief reports on other regional economic issues; and
  • Charts and data for popular statistics covering each of our three states and relevant metropolitan statistical areas (MSAs).

NOTICE: Given the sudden, extreme impact of the pandemic on initial jobless claims, our standard approach for estimating state leading indexes is no longer appropriate. As a result, we have suspended the release of the State Leading Indexes indefinitely.

Regional Surveys

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Third District Beige Book

Qualitative assessment of economic conditions in the Third District released prior to each FOMC meeting

Updated: 06 Mar ’24

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Manufacturing Business Outlook Survey

Monthly survey of manufacturers in the Third District

Updated: 15 Feb ’24

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Nonmanufacturing Business Outlook Survey

Monthly survey of nonmanufacturing businesses in the Third District

Updated: 20 Feb ’24

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South Jersey Business Survey

Quarterly survey of business establishments in the South Jersey region

Updated: 11 Jan ’24

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Chamber of Commerce for Greater Philadelphia Economic Outlook Survey

Annual survey of business establishments in the Greater Philadelphia area

Updated: 20 Dec ’23

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COVID-19 Business Outlook Survey

Special survey (now monthly, previously weekly) of firms in the Third District

Updated: 23 Dec ’20

Regional Analysis

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State Coincident Indexes

Monthly index of general economic conditions for each of the 50 states

Updated: 26 Jan ’24

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State Leading Indexes

Six-month forecast of the coincident index for each of the 50 states

Updated: April 29, 2020

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Early Benchmark Revisions of State Payroll Employment

Quarterly release of early benchmark estimates of monthly state employment for all 50 states and the District of Columbia

Updated: 14 Dec ’23

Regional Charts & Data

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Tri-State Tracking

Statewide summaries of economic conditions using employment, housing, and personal income data

Updated: 02 Feb ’24

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Regional Charts

Snapshots of employment and housing data for the three states and relevant MSAs

Updated: 27 Feb ’24

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Third District Historical Data

Downloadable data for popular statistics covering each of our three states and relevant MSAs

Updated: 26 Feb ’24