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SORCE Insights: An Initial Look at the Anticipated Impact of Tariffs on Fourth District Businesses
The Cleveland Fed’s Survey of Regional Conditions and Expectations (SORCE) administered in February 2025 asked respondents from across the Fourth District a set of special questions about the potential impact of tariffs on their business. This District Data Brief analyzes their responses.
A Guide to State-Level Estimates of Labor Force Participation Rates
Changes in the US labor force participation rates (LFPRs) have brought attention to state-level estimates. This brief discusses state-level estimates of the LFPR and what they can—and cannot—tell us about recent LFPR trends in our region.