Search Results

SORT BY: PREVIOUS / NEXT
Jel Classification:E66 

Speech
The national and regional economy

Remarks at the New Jersey Performing Arts Center, Newark, New Jersey.
Speech , Paper 161

Speech
The regional economic outlook

Remarks by William C. Dudley, President and Chief Executive Officer, New York, New York.
Speech , Paper 178

Journal Article
Industrial Production and Capacity Utilization: Annual Revision and 1997 Developments

In December 1997, the Board of Governors published the results of an annual revision of its measures of industrial production and capacity utilization, which cover the nation's manufacturing, mining, and electric and gas utilities industries. The revision entailed primarily the incorporation of new and more comprehensive source data, the most important of which were annual figures on industry real output in 1995 and survey information on industry utilization rates for the fourth quarters of 1995 and 1996. The revised measures show stronger growth of production and capacity and lower rates of ...
Federal Reserve Bulletin , Volume 84 , Issue 2 , Pages pp. 77-91

Briefing
The Michigan Surveys of Consumers and consumer spending

We provide summary measures for a broad set of questions from the Michigan Surveys of Consumers. These measures summarize consumers' attitudes and expectations with respect to income, wealth, prices, and interest rates. They contain information that goes beyond the information captured by the Michigan Index of Consumer Sentiment, which is constructed from five questions in the same survey. We show that the summary measures have some explanatory power for aggregate consumption behavior over the period from 1987 to the present, even when controlling for economic fundamentals. The explanatory ...
Public Policy Brief

Speech
Beyond the macroeconomy

Remarks at the Economic Press Briefing, Federal Reserve Bank of New York, New York City.
Speech , Paper 183

Journal Article
Fiscal Relief during the COVID-19 Pandemic

In response to the sharp economic downturn during the COVID-19 pandemic, Congress passed unprecedented policy relief measures to support households, businesses, and the broader economy. Compared with previous fiscal stimulus responses, these relief programs have been unmatched in size and scope, speed of response, and novelty of design.Huixin Bi and Chaitri Gulati review recent empirical research on three fiscal relief programs—stimulus checks, augmented unemployment insurance (UI) benefits, and the Paycheck Protection Program (PPP)—to understand their effects on the broader economy as ...
Economic Review , Volume 106 , Issue no.2 , Pages 5-24

Discussion Paper
Tracking the COVID-19 Economy with the Weekly Economic Index (WEI)

At the end of March, we launched the Weekly Economic Index (WEI) as a tool to monitor changes in real activity during the pandemic. The rapid deterioration in economic conditions made it important to assess developments as soon as possible, rather than waiting for monthly and quarterly data to be released. In this post, we describe how the WEI has measured the effects of COVID-19. So far in 2020, the WEI has synthesized daily and weekly data to measure GDP growth remarkably well. We document this performance, and we offer some guidance on evaluating the WEI’s forecasting abilities based on ...
Liberty Street Economics , Paper 20200804

Journal Article
U.S. international transactions in 2000

The U.S. current account deficit widened to $435 billion in 2000, a record 4.4 percent of gross domestic product, as the lagged effect of strong growth in the U.S. economy in late 1999 and early 2000 continued to drive up imports of goods and services faster than exports increased. To a lesser extent, a decline in U.S. price competitiveness also contributed to the expansion in the deficit. The $104 billion increase in the current account deficit was entirely accounted for by an equal-sized increase in the goods and services deficit. Other components of the current account moved in small and ...
Federal Reserve Bulletin , Volume 87 , Issue May

Working Paper
How Fast are Semiconductor Prices Falling?

The Producer Price Index (PPI) for the United States suggests that semiconductor prices have barely been falling in recent years, a dramatic contrast to the rapid declines reported from the mid-1980s to the early 2000s. This slowdown in the rate of decline is puzzling in light of evidence that the performance of microprocessor units (MPUs) has continued to improve at a rapid pace. Over the course of the 2000s, the MPU prices posted by Intel, the dominant producer of MPUs, became much stickier over the chips' life cycle. As a result of this change, we argue that the matched-model methodology ...
Finance and Economics Discussion Series , Paper 2017-005

FILTER BY year

FILTER BY Content Type

Working Paper 19 items

Speech 10 items

Journal Article 8 items

Report 5 items

Briefing 2 items

Discussion Paper 1 items

show more (1)

FILTER BY Author

Dudley, William 8 items

Mertens, Karel 6 items

Lewis, Daniel J. 5 items

Stock, James H. 5 items

Rogers, John H. 4 items

Ammer, John 3 items

show more (73)

FILTER BY Jel Classification

D80 9 items

E24 7 items

C51 5 items

E01 5 items

E52 5 items

show more (52)

FILTER BY Keywords

COVID-19 6 items

high frequency 5 items

employment 4 items

Measurement of Economic Activity 4 items

Weekly Economic Index 4 items

chinese financial markets 3 items

show more (132)

PREVIOUS / NEXT