A new data interactive and a recent webinar from the SF Fed Community Engagement and Analysis team shed light on ...

New data suggest that net migration into the United States has dropped sharply in 2025 from its historical highs, falling ...

Economic activity in the Twelfth District was somewhat subdued but largely stable during the mid-May to June reporting period ...

In 2024, the San Francisco Fed and the Federal Reserve System Innovation Office launched the EmergingTech Economic Research ...

Trade policy in the United States has been in flux in recent months. A theoretical analysis of recent increases in U.S.

Extreme heat decreases labor productivity in sectors like construction, where much work occurs outdoors. Because construction is an important component of investment, lost productivity today will slow ...

Monetary policy is often regarded as having only temporary effects on the economy, moderating the expansions and contractions that make up the business cycle. However, it is possible for monetary ...

Unemployment insurance benefits were expanded substantially to help overcome the pandemic labor market shock in early 2020. However, improved labor market conditions in early 2021 prompted many states ...

Inflation rates in the United States and other developed economies have closely tracked each other historically. Problems with global supply chains and changes in spending patterns due to the COVID-19 ...

In its sixth iteration, the Diary of Consumer Payment Choice data show that consumers used cash for 26 percent of all payments, and that it is used for nearly 47 percent of payments under $10.

In January 2012, the Federal Open Market Committee (FOMC) announced an explicit inflation target to the public for the first time in its history, stating, “the Committee judges that inflation at the ...

Climate change describes the current trend toward higher average global temperatures and accompanying environmental shifts such as rising sea levels and more severe storms, floods, droughts, and heat ...