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

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

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 ...

We review the “production approach” to estimating markups—the ratio of price to marginal cost. Paired with increasingly rich microdata and advances in production function estimation, the method ...

A timely and accurate assessment of labor market conditions is essential for policymakers and market participants. Our SF Fed Blog by Òscar Jordà and Sanjay Singh introduces our weekly Labor Market ...

With host Maria Shilaos, President Daly discussed the state of the U.S. economy and her recent in-district visit to Utah. Listen to the interview here. The Federal Reserve Bank of San Francisco (SF ...

Generative artificial intelligence (AI) has rapidly emerged as a potentially important workplace technology. In an earlier blog post, we discussed results from the first nationally representative U.S.

An unsettled labor market is usually an indication of a troubled economy. In fact, a rapidly increasing unemployment rate characterizes the start of recessions. Therefore, a timely and accurate ...