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Journal Article
Pandemic, Rising Costs Challenge Child Care Industry
As the economy recovers and more parents return to work, declining child care capacity, combined with higher wages, could continue to push up costs.
Journal Article
College Freshman Enrollment Drops during Pandemic
First-time college enrollment declined significantly in 2020—a stark contrast with what traditionally happens during recessions.
Journal Article
Inflation, Part 1: What Is it, Exactly?
Inflation measures the rate of change of a price index over time.
Journal Article
Inflation, Part 2: How Do We Construct and Choose an Index?
Both the CPI and the PCE price indexes measure the prices of consumer goods and services— but they differ in important ways.
Did the Fed’s Dollar Swap Lines Work?
In March, the Federal Reserve took steps to increase the supply of dollars to foreign markets to ensure liquidity and lessen volatility. Did the policies work?
Journal Article
Does the Beige Book Reflect U.S. Employment and Inflation Trends?
Simple, automated text analysis can extract useful metrics from the Beige Book.
COVID-19 and the Great Recession: Market Hours and Home Production across American Households
Women and households with children have been hit harder in this recession than they were in the previous recession.
Holiday Shopping: Should You Expect to See Inflation?
Some holiday gifts (like a new car) have seen prices spike in 2021, but prices for other holiday-related items (like travel) have declined.
Journal Article
Using Beige Book Text Analysis to Measure Supply Chain Disruptions
Simple, automated text analysis can extract useful metrics about supply chain disruptions from the Beige Book.
What Are the Fed’s Dollar Swap Lines and FIMA Repos, and Why Do They Matter?
Making it easier for central banks to access U.S. dollars helps calm exchange rate volatility and allow markets and credit lines to operate smoothly.