Measures of beliefs, sentiment, and narratives often send recession signals that differ from those in hard data, defined as ...
Firm heterogeneity in financial constraints is a quantitatively important driver of how monetary policy transmits to ...
Thomas M. Mertens, senior vice president and associate director of research at the Federal Reserve Bank of San Francisco, ...
Economic activity in the Twelfth District was somewhat muted but largely stable during the mid-May through June reporting ...
Nearly 40% of small business respondents to the 2024 SBCS reported using or planning to use artificial intelligence (AI), ...
Inflation expectations among businesses can affect how they set current prices. Firms’ expectations diverged from those of ...
Firms frequently revise not only their expectations, but also how uncertain they feel about those expectations. Using the U.S ...
Labor productivity gains over the past three years helped the U.S. economy expand steadily, even with near-zero employment growth. Combined with substantially increased business investment in ...
Good morning and thank you for inviting me to southern Utah. I am delighted to be here and look forward to a lively conversation.1 The Federal Reserve has been in the news these days. There are ...