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The index covers the Third Federal Reserve District (the jurisdiction of the Philadelphia Fed), namely covers eastern and central Pennsylvania, the nine southern counties of New Jersey, and Delaware. [1] The report is sometimes also called the Philadelphia Fed Index because it includes reporting of some index values. [2] [3]
There are many coincident economic indicators, such as Gross Domestic Product, industrial production, personal income and retail sales. A coincident index may be used to identify, after the fact, the dates of peaks and troughs in the business cycle. [6] There are four economic statistics comprising the Index of Coincident Economic Indicators: [7]
The Survey of Professional Forecasters (SPF) is a quarterly survey of macroeconomic forecasts for the economy of the United States issued by the Federal Reserve Bank of Philadelphia. It is the oldest such survey in the United States. The survey includes an "anxious index" that estimates the probability of a decline in real GDP. [1]
Please do not copy any definitions from Federal Standard 1037C with attribution to non-Federal sources such as NATO, ITU-T, the Radio Regulations etc. as these are derived from sources not known to be in the public domain. Instead, if a term should have an article, please write your own definitions for these terms in your own words.
The Livingston Survey is a biannual survey (conducted in June and December of every year) about the economy of the United States conducted by the Federal Reserve Bank of Philadelphia. [1] Begun in 1946, it is the longest continuous record of economists' expectations. [2]
The Federal Reserve's credibility in the eyes of financial markets helped in its battle against inflation over the past two years, but it had to be earned afresh with interest rate hikes that ...
The Greenbook of the Federal Reserve Board of Governors (called the Greenbook for short) is a book with projections of various economic indicators for the economy of the United States produced by the Federal Reserve Board before each meeting of the Federal Open Market Committee. [1]
The Fed’s preferred measure of inflation is the Personal Consumption Expenditures Index, which rose by 5% on a year-over-year basis in October.. Other Fed officials have similarly backed off of ...