Current Number of Full-Time Permanent Employees; Percent of Respondents Reporting Increases for Federal Reserve District 3: Philadelphia
NFBNINC156MSFRBPHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.10
Year-over-Year Change
17.53%
Date Range
3/1/2011 - 7/1/2025
Summary
This economic trend measures the percentage of survey respondents in Federal Reserve District 3 (Philadelphia) who report increases in the number of full-time permanent employees. It provides insight into labor market conditions in the region.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Current Number of Full-Time Permanent Employees; Percent of Respondents Reporting Increases for Federal Reserve District 3: Philadelphia is a regional labor market indicator. It tracks the share of businesses in the Philadelphia district that report growing their full-time permanent workforce, offering a timely gauge of employment trends.
Methodology
The data is collected through a monthly survey of businesses in the Philadelphia Federal Reserve district.
Historical Context
This trend is used by policymakers and analysts to assess the health of the regional labor market and inform economic policy decisions.
Key Facts
- The data is reported on a monthly basis.
- It covers the third Federal Reserve district, which includes eastern Pennsylvania, southern New Jersey, and Delaware.
- The survey has been conducted since the 1960s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of survey respondents in the Federal Reserve's Philadelphia district who report increases in their full-time permanent employment levels.
Q: Why is this trend relevant for users or analysts?
A: This regional employment indicator provides timely insights into labor market conditions, which is important for policymakers and businesses in assessing the economic health of the Philadelphia area.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses in the Philadelphia Federal Reserve district.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge the strength of the regional labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with no significant update delays.
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Citation
U.S. Federal Reserve, Current Number of Full-Time Permanent Employees; Percent of Respondents Reporting Increases for Federal Reserve District 3: Philadelphia (NFBNINC156MSFRBPHI), retrieved from FRED.