According to household surveys, inflation expectations tend to move together with expectations for gasoline price changes.

Huiyu Li, research advisor at the Federal Reserve Bank of San Francisco, shared views on the current economy and the outlook ...

Most housing research relies on a single-margin model where a single housing price relates to a single housing quantity. We ...

Economic activity in the Twelfth District was little changed during the July to mid-August reporting period. Employers largely maintained employment levels. Wages were up slightly. Prices rose ...

With the emergence of artificial intelligence, data center construction has surged with plans for more to become operational in the coming years. The growth of data centers poses challenges to the ...

With the advent of generative artificial intelligence (GenAI), the scope of AI has increased dramatically, but its effect on labour productivity remains uncertain. Some innovations raise labour ...

Since employment dynamics are persistent, a central bank’s dual mandate to promote maximum employment and price stability ...

Nearly 40% of small business respondents to the 2024 Small Business Credit Survey (SBCS) reported either using or planning to use artificial intelligence (AI), revealing a rapidly evolving landscape ...

The China Cyclical Activity Tracker, China CAT, is an alternative measure of China’s economic growth based on research in Fernald, Hsu, and Spiegel (2020). The China CAT index measures fluctuations in ...

The Daily News Sentiment Index is a high frequency measure of economic sentiment based on lexical analysis of economics-related news articles. The index is described in Buckman, Shapiro, Sudhof, and ...

Following decades of secular decline, many estimates of r∗—the natural or steady-state short-term real interest rate—have risen roughly 1 percentage point since 2020 in the United States. The most ...