State-level unemployment claims can provide a real-time measure of national labor market conditions and the overall state of the economy. A rapid and widespread buildup of stress in state labor ...

The Federal Reserve Bank of San Francisco will host its 2025 Asia Economic Policy Conference (AEPC) on November 20-21, 2025, ...

Both the magnitude and the pace of monetary policy tightening in the euro area during 2022-23 were historically large and ...

Information the San Francisco Fed collects from businesses and community sources for the Beige Book provides timely insights ...

President Daly shared her latest insights on both the US and Alaska economy with Alaska Public Media news host Ava White.

The unemployment rate has risen over half a percentage point since the second quarter of 2023. Individual survey data underlying the unemployment rate can help in assessing which labor market ...

Monetary policy is forward-looking and dependent on policymakers’ economic outlook. When the outlook is deemed highly uncertain, policymakers may put more weight on incoming data when making monetary ...

Productivity growth is an important driver of improvements in people’s living standards. Before the pandemic, many advanced economies, including the United States, struggled with slow growth in labor ...

We study how changes in the composition of Chinese local government debt influenced bank risk taking, credit allocation, and local productivity. Using confidential loan-level data and a ...

Shelter costs are one of the largest expenses for most households and an important component of overall inflation. It is therefore important to understand why shelter costs have remained stubbornly ...

Wildfires have been a concern in California for decades. The intensity of these events has increased recently, with particularly large and destructive fire seasons between 2018 and 2021. Analysis ...

Households accumulated more liquid assets beginning in 2020 than would have been expected without the pandemic. These “extra” liquid assets have dissipated, but their evolution has differed ...