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Employers in Fed’s Eighth District Eye Softer Hiring Plans for 2024
The share of Eighth District firms planning to increase their workforce in the new year is smaller than the share in previous years.
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.
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?
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.
The Hiring Outlook in the Fed’s Eighth District for 2023
While still facing pressure to attract and retain workers, firms in the Eighth Federal Reserve District reported some easing in their pay and hiring plans for 2023.
Journal Article
Eighth District Farmers Navigate Global Supply Uncertainty
Disruptions in the supply of fertilizer and other agricultural inputs have affected U.S. farmers, who nonetheless remain in a strong financial position.
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.
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.
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.