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Author:Howard, Sean 

Solving a Puzzle: More Nonrenewable Resources Without Higher Prices

Economic intuition suggests nonrenewable resources such as metals or fossil fuels become scarcer and more expensive over time. However, a new dataset covering the years 1700 to 2018 indicates otherwise.
Dallas Fed Economics

Pandemic Pushed the U.S. into Recession … and Hourly Wages Rose?

The onset of COVID-19 in spring 2020 prompted an unprecedented rapid rise in the unemployment rate. However, a popular and widely cited wage measure—average hourly earnings (AHE)—rose sharply as the health crisis grew.
Dallas Fed Economics

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