Executive Summary
For Immediate Release:
June 30, 2008
Contact: Harvey M. Rice
215-686-6696
CITY CONTROLLER BUTKOVITZ
RELEASES MAY ECONOMIC DATA
On Monday, June 30, 2008, City Controller Alan Butkovitz released the May 2008 economic data. These include the most recent Monthly Economic Snapshot and Monthly Economic Forecast Review, compiled by the Financial and Policy Analysis staff.
The City Controller’s office circulates these documents on a monthly basis to assist key decision makers in understanding and anticipating local and national economic trends.
The Monthly Economic Snapshot presents key economic data for the United States, the Greater Philadelphia Region, and the City of Philadelphia. The Monthly Economic Forecast Review is a collection of projections from prominent economic institutions and an analysis of their forecasts of future economic performance. These two documents together — the Snapshot and the Forecast Review — are a useful tool for policy makers and analysts in understanding our city’s and country’s economy.