Our Team
Adam Scavette
Adam Scavette is a regional economist at the Baltimore branch of the Federal Reserve Bank of Richmond, where he engages in economic analysis of Maryland, West Virginia and Washington, D.C. His research interests include urban economics, evidence-based public policy, and labor economics.
Prior to joining the Richmond Fed in 2022, Scavette spent 10 years in the Research Department at the Federal Reserve Bank of Philadelphia where he conducted regional analysis of the Third District, which includes Delaware, New Jersey, and Pennsylvania. Scavette produced their Manufacturing Business Outlook Survey (also known as the "Philly Fed Index") and oversaw regional economic forecasting. He is pursuing a Ph.D. in public policy at Rutgers University–New Brunswick. He has a master's degree in statistics from the University of Pennsylvania, a master's degree in economics from the University of Edinburgh, and a bachelor's degree in economics from Villanova University.
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Academic Publications
Economic Development Quarterly, Vol. 37, May 2023: 127–142Journal of the Transportation Research Board, Vol. 2672, 2018: 8-14
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Bank Publications
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Working Papers
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Regional Matters
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Other Work
"Regional Spotlight: Making Ends Meet," Federal Reserve Bank of Philadelphia: Economic Insights, Second Quarter 2022, pp. 19-25.
"Broadband Subscription, Computer Use, and Labor Market Attachment across U.S. Metros" (with Alvaro Sanchez), Community Development Report, June 2021.
"Third District State Budgets in the Coronavirus Recession," Federal Reserve Bank of Philadelphia: Economic Insights, Third Quarter 2020, pp. 1-8
"Broadband Access, Computer Use, and Labor Market Attachment in Philadelphia" (with Alvaro Sanchez), Federal Reserve Bank of Philadelphia: Community Development Brief, August 2020.
"Regional Spotlight: Evaluating Metro Unemployment Rates Throughout the Business Cycle," Federal Reserve Bank of Philadelphia: Economic Insights, Fourth Quarter 2019, pp. 12-18.
"Exploring the Economic Effects of the Opioid Epidemic," Federal Reserve Bank of Philadelphia: Economic Insights, Second Quarter 2019, pp. 1-7.
"Regional Spotlight: Purchasing Power Across the U.S." (with Elif Sen), Federal Reserve Bank of Philadelphia: Economic Insights, Fourth Quarter 2017, pp. 1-6.
"Is Urban Cool Cooling New Jersey's Job Market?" (with Ethan Haswell), Federal Reserve Bank of Philadelphia: Research Brief, December 2016.
"Are We in a Recession? The 'Anxious Index Nowcast' Knows!" Federal Reserve Bank of Philadelphia: Research Rap Special Report, December 2014.