US Economy

(Charles Plosser, president of the Federal Reserve Bank of Philadelphia, speaking at the Union League, on Broad Street.  Photo by John Ostapkovich)

Phila. Fed Boss Says US Economy Is In Long-Term Recovery

Charles Plosser, president of the Federal Reserve Bank of Philadelphia, admitted that December’s jobs number was a disappointment, but he says the long-term trend is positive


(President Obama visits the K'nex toy manufacturing facility  in Hatfield, Pa., in November 2012.   Credit: Brendan Smialowski/ AFP/ Getty Images)

Delaware Valley Rebounding, Albeit Slowly, From 2008 Recession, Survey Finds

Overall, the region is doing better than the rest of the country, according to the Census Bureau.


(Credit: ADRIAN DENNIS/AFP/Getty Images)

America’s Economy App

America’s Economy app draws on Commerce Department data to offer a real-time picture of the U.S. economy.


(Charles Plosser, at lectern, speaks to breakfast gathering at Villanova.  Credit:  Pat Loeb)

Head of Philadelphia’s Federal Reserve Sees Light At End of Dark Economic Tunnel

“I expect to see only modest declines in the unemployment rate,” Charles Plosser told the breakfast gathering, “probably little change over the rest of this year but then gradually falling to 8½, perhaps 8 percent by the end of 2012.”