Job-finding rates have declined over the past three years for people who are unemployed or are out of the labor force.

Hosted by the Cabinet Office of the Government of Japan, Mary C. Daly, president and CEO of the Federal Reserve Bank of San Francisco, delivered keynote remarks at the Economic and Social Research ...

For three decades, American workers have been pulling ahead of their European counterparts. Between 1995 and 2025, output per hour increased by 88% in the U.S. versus just 30% in the 20 countries ...

This note uses job postings data from Lightcast and the Census Bureau’s Business Trends and Outlook Survey to investigate the relationship between AI adoption and firms’ job-posting behavior. We find ...

PCE Inflation Contributions from Goods and Services provides monthly updates on price changes for the broad categories of goods and services that U.S. households consume, as measured by personal ...

Nearly 40% of small business respondents to the 2024 Small Business Credit Survey (SBCS) reported either using or planning to use artificial intelligence (AI), revealing a rapidly evolving landscape ...

Inflation expectations among businesses can affect how they set current prices. Firms’ expectations diverged from those of professional forecasters during the pandemic-era inflation surge and moved ...

Thomas M. Mertens, senior vice president and associate director of research at the Federal Reserve Bank of San Francisco, shared views on the current economy and the outlook from the Economic Research ...

Firm heterogeneity in financial constraints is a quantitatively important driver of how monetary policy transmits to inflation. Using detailed microdata on Swedish public and private firms, and ...

Economic activity in the Twelfth District was somewhat muted but largely stable during the mid-May through June reporting period. Employment levels were largely steady, with employers generally ...

Firms frequently revise their expectations, and their reported uncertainty about future outcomes also varies over time. Using the U.S. Survey of Business Uncertainty, we study how this perceived ...

Measures of beliefs, sentiment, and narratives often send recession signals that differ from those in hard data, defined as conventional economic and financial indicators. Using a real-time ...