Researchers from the Federal Reserve Bank of Philadelphia have found troubling trends in US consumer credit.

Higher interest rates that increase borrowing costs appear to be creating a growing financial strain on consumers.

A Record Number of Consumers Are Making Minimum Credit Card Payments as Delinquencies Also Rise ...

Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, ...

The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.

A gauge of manufacturing activity in the U.S. Mid-Atlantic region shot up by the most in about four-and-a-half years in ...

The Chamber of Commerce of Greater Philadelphia released results of an annual report on Thursday with new insight on business ...

The Greater Philadelphia Chamber of Commerce members were surveyed by the Federal Reserve Bank of Philadelphia about the economy. Here’s what they said.

The Federal Reserve Bank of Philadelphia said its index for business activity climbed to a positive 44.3 in January, both the highest reading since April 2021 and the index's largest monthly increase ...