Sylvain Leduc, executive vice president and director of research at the Federal Reserve Bank of San Francisco, shared views ...

Labor market conditions are similar in regions that are near each other. This is called positive spatial correlation.

Economic activity in the Twelfth District edged down slightly during the mid-August to September reporting period. Employment ...

The natural rate of interest is an elusive concept in theory and practice. However, it is essential for central banks’ ...

"For me, relaxing the policy rate to make sure it continues to be modestly restrictive — but not so restrictive that it ...

We explore the evolving significance of different production sectors within the U.S. economy since World War II and provide methods for estimating and forecasting these shifts. Using a compositional ...

Sylvain Leduc, executive vice president and director of research at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of October 24, 2024.

Economic activity in the Twelfth District edged down slightly during the mid-August to September reporting period. Employment levels were little changed on net as most employers held head counts ...

To mark the first year since the Center for Monetary Research’s launch, the San Francisco Fed reviews the Center’s research activities and events.

The Fed’s SBCS captures how small businesses in the U.S. are doing and their experiences accessing financing. This important information is shared with lenders, policymakers, and those who support ...

Workers with a college degree typically earn substantially more than workers with less education. This so-called college wage premium increased for several decades, but it has been flat to down in ...