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Journal Article
Leisure and Hospitality Sector’s Recovery Complicated by Delta Variant
Shutdowns early in the pandemic primarily affected the Eighth Federal Reserve District’s leisure and hospitality sector, but its recovery could be complicated by the delta variant.
Inventory Mismatches Continue to Be Widespread
The pandemic spurred firms to stockpile inputs in an attempt to avoid the risks of just-in-time delivery. Yet inventory mismatches remain widespread. Why?
Journal Article
Understanding the Eighth District’s Housing Market
Interest rate increases have cooled housing markets in the Eighth District, but trends in housing demand have led to tight residential real estate markets.
Journal Article
Commercial Loans Rise Sharply during COVID-19 Pandemic
During the first several months of the COVID-19 pandemic, commercial lending increased as small businesses sought loans from the Paycheck Protection Program.
Vacation Plans and the COVID-19 Pandemic
The COVID-19 pandemic has disrupted many parts of the economy, including travel. This is what might be ahead for tourism.
Journal Article
Demographics, COVID-19 Leave Construction with Tight Labor Supply
Although pandemic-induced material shortages may improve, the construction industry’s labor supply challenge is the result of longer-term demographic issues.
How Fast Will Regional Employment Return?
In the long run, job growth in the Eighth District is expected to slow from the 2021 pace, in part because District fundamentals have not markedly changed.
Journal Article
Post-Pandemic Activity Rebounds, but Many Remain Outside the Labor Force
Jobs are returning, but the pandemic has accelerated longtime trends by knocking millions of people out of the labor force.
Journal Article
Agriculture Workers Across the Eighth District
How has the share of foreign-born agriculture workers in the Eighth Federal Reserve District changed over the past five years?
Eighth District Businesses Report Moderating Inflationary Pressures
A recent survey of firms in the Eighth District suggests that consumer price growth is expected to keep slowing in 2024, though most firms also reported that they still have at least some ability to pass on higher costs.