Federal Reserve Bank of Philadelphia

The region's non-manufacturing sector “continued to expand,” as the general business conditions index soared to 31.0 in February.

Manufacturers report continued growth in February, as demand, reflected in new orders, rose, and more firms added to their payrolls.

The region's non-manufacturing sector “continued to expand.”

The region's manufacturing sector expanded in January, at a slower pace than in December.

Although he continues to maintain that two rate hikes this year are appropriate, Federal Reserve Bank of Philadelphia President Patrick Harker said Friday he is closely monitoring the flattening yield curve.

The annual revisions to the Federal Reserve Bank of Philadelphia’s Manufacturing Business Outlook Survey changed numbers for most months, but the pattern remained the same, the Bank said Thursday.

Federal Reserve Bank of Philadelphia President Patrick Harker, said Friday he thinks the Fed should reassess its targets and may want to raise rates only twice this year.

The region's non-manufacturing sector “continued to grow.”

The region's manufacturing sector expanded in December at a quicker pace than in November.

The region's non-manufacturing sector “continued to expand, but with a slowing in the pace of growth.”

The region's manufacturing sector expanded in November, at a slower pace than in October.

Economists in the latest Philadelphia Federal Reserve Bank's quarterly survey marked up their forecasts for growth this year and next but said they expect inflation toward the Fed's 2% target to slow going forward.

With little slack in the labor market, “inflation is likely to reassert itself at some point, so increasing the fed funds target rate “makes sense,” Federal Reserve Bank of Philadelphia President Patrick Harker said Sunday.

Federal Reserve Bank of Philadelphia President Patrick Harker suggested he’ll likely support a third 2017 interest-rate increase next month.

The region's non-manufacturing sector “reported continued growth,” although the general business conditions index decreased to 32.2 in October from 33.2 in September.

The region's manufacturing sector expanded in October, at a faster pace than in September.

The region's non-manufacturing sector “continued to expand,” as the general business conditions index increased to 33.2 in September from 31.8 in August.

The region's non-manufacturing sector “continued to expand,” as the general business conditions index increased to 31.8 in August from 23.4 in July, this month's Federal Reserve Bank of Philadelphia Report on Business, released Tuesday, indicates.

The region's manufacturing sector expanded in August, but at a slower pace than in July, as the general business conditions index decreased to 18.9 from 19.5 in July, this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

Inflation will not grow as much as previously forecast, according to the latest projections in the Federal Reserve Bank of Philadelphia's survey of professional forecasters.