
Labor Markets and Opportunity: Is Our Workforce Getting Smaller?
29 May ’25
President and CEO Patrick T. Harker, Economic Growth & Mobility Project Director Ashley Putnam, and Outreach Economist Ryo Tashiro explore the shrinking U.S. labor force.

About
Meet Our Next President: Anna Paulson
17 Apr ’25
After a nationwide search, the Federal Reserve Bank of Philadelphia has selected Anna Paulson to serve as the next president and chief executive officer. Her term will begin on July 1, 2025.

Report
LIFE Survey Report – April 2025
This report is part of a quarterly series on key observations from the Labor, Income, Finances, and Expectations (LIFE) Survey. Data from the survey provide insight into consumers’ recent financial lives and their future expectations.
Banking
A source for information on supervisory guidance, resources, and tools to aid community bankers. Read the latest release.
Aruoba-Diebold-Scotti Business Conditions Index
30 May ’25
An index designed to track real business conditions at high observation frequency

Working Paper
Token-Based Platform Governance
WP 25-17 – We develop a model to compare the governance of a traditional platform to the governance of a platform that issues digital tokens to users.
News Release
Philadelphia Fed Appoints New Member to Economic and Community Advisory Council
30 May ’25
The Federal Reserve Bank of Philadelphia has appointed Bill Wafford, chief administrative officer and chief financial officer, QVC Group, to its Economic and Community Advisory Council (ECAC).