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Postpandemic Employment Recovery in Fourth District Metro Areas
US employment has recovered rapidly following a significant decline caused by the COVID-19 pandemic. However, employment recoveries have varied significantly across metro areas. This District Data Brief compares the employment recoveries for metro areas of various sizes in the Fourth District and across the United States.
Key Takeaways from the Business Outlook and Trends Survey
This District Data Brief analyzes the results of the inaugural Business Outlook and Trends Survey (BOTS), which aimed to shed light on business conditions in the Fourth District. Firms were asked about their business conditions during the six months prior to the survey and their expectations for the six months following the survey. The survey covered topics such as consumer demand, capital investments, and staffing levels.
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.