The figures came from the monthly Tri-State Tracking report of the Philadelphia Fed.
The seven-tenths of one percent annual rate,as of February, was well below the 1.8 percent in New Jersey and 1.3 percent in Pennsylvania.
Job losses mainly came in the professional and business services category, which showed a loss of more than 5 percent, with far smaller losses in government and financial services.
Gains in home prices were well below the national figure. However, building permit activity was running above the rate for the nation as a whole.
Personal income growth was close to the national average, with the unemployment slightly below the U.S. rate.
Income growth was influenced by gains in transfer payments, rather than wages or income by proprietors. Transfer payments include Social Security, disability and other sources.
Job figures are subject to adjustments as sampled data is replaced by payroll reports.