Current Number of Full-Time Permanent Employees; Percent of Respondents Reporting No Change for Federal Reserve District 3: Philadelphia
This dataset tracks current number of full-time permanent employees; percent of respondents reporting no change for federal reserve district 3: philadelphia over time.
Latest Value
63.60
Year-over-Year Change
-1.09%
Date Range
3/1/2011 - 7/1/2025
Summary
This economic trend measures the percentage of respondents reporting no change in the current number of full-time permanent employees in the Federal Reserve's Third District, which encompasses the Philadelphia 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 survey is a regional indicator that provides insight into labor market conditions and hiring trends. It is a key measure used by economists and policymakers to assess economic activity and gauge employment dynamics.
Methodology
The data is collected through a monthly business survey conducted by the Federal Reserve Bank of Philadelphia.
Historical Context
This trend is closely monitored by the Federal Reserve and other economic analysts to inform policy decisions and market assessments.
Key Facts
- The trend data dates back to 1968.
- Readings above 50% indicate a majority of firms reported no change in employment.
- The Third Federal Reserve District covers eastern Pennsylvania, southern New Jersey, and Delaware.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of respondents in the Federal Reserve's Third District (Philadelphia region) who report no change in their current number of full-time permanent employees.
Q: Why is this trend relevant for users or analysts?
A: This regional employment indicator provides valuable insights into labor market conditions and hiring trends, which are closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through a monthly business survey conducted by the Federal Reserve Bank of Philadelphia.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other economic analysts use this trend to inform policy decisions and market assessments.
Q: Are there update delays or limitations?
A: The data is released monthly 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 No Change for Federal Reserve District 3: Philadelphia (NFBNNC156MSFRBPHI), retrieved from FRED.