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Keywords:economic conditions 

Speech
Views on Current Economic Conditions and Monetary Policy

Federal Reserve Bank of Boston President & CEO Susan M. Collins shared brief remarks at the Council on Foreign Relations' C. Peter McColough Series on International Economics. Following the brief remarks, President Collins discussed economic conditions and monetary policy with CNBC Technology and Global Markets Correspondent Seema Mody.
Speech

Journal Article
Two Years into COVID, What’s the State of U.S. Businesses?

More than two years after the outbreak of COVID-19, concerns remain that U.S. businesses are substantially more vulnerable and less productive than in the past. Using extensive data on private and public firms allows for a detailed assessment of these concerns. According to a number of performance measures, businesses borrowing from large U.S. banks appear relatively healthy, increased leverage is concentrated among safer companies rather than riskier ones, and probabilities of default are close to pre-crisis levels.
FRBSF Economic Letter , Volume 2022 , Issue 22 , Pages 6

Discussion Paper
Opening the Toolbox: The Nowcasting Code on GitHub

In April 2016, we unveiled--and began publishing weekly--the New York Fed Staff Nowcast, an estimate of GDP growth using an automated platform for tracking economic conditions in real time. Today we go a step further by publishing the MATLAB code for the nowcasting model, available here on GitHub, a public repository hosting service. We hope that sharing our code will make it easier for people interested in monitoring the macroeconomy to understand the details underlying the nowcast and to replicate our results.
Liberty Street Economics , Paper 20180810

Speech
Presentation by Andrew F. Haughwout at the 2024 New York Fed Regional and Community Banking Conference

Presentation on the economic overview delivered by Andrew F. Haughwout, Director of Household and Public Policy Research at the Federal Reserve Bank of New York. This presentation was delivered at the 2024 New York Fed Regional and Community Banking Conference.
Speech

Journal Article
Measuring Labor Market Similarities in Nearby Regions

Labor market conditions are similar in regions that are near each other. This is called positive spatial correlation. Analyzing county-level data from 1990 to 2024 shows that commuting flows may contribute to strong spatial correlation in employment growth. Spatial correlation appears to have strengthened since the 1990s, at the same time as more workers were commuting across county lines. As these connections grow through commuting flows, both favorable and challenging conditions in local economies may become more likely to spread farther than in the past.
FRBSF Economic Letter , Volume 2025 , Issue 24 , Pages 6

Speech
Brief Remarks About the U.S. Economy and Monetary Policy

It is a real pleasure to speak with the European Economics and Financial Centre once again. I especially look forward to taking your questions because I learn a lot from hearing what is on your mind. Let me help frame our discussion by giving some brief remarks about the U.S. economy and monetary policy. The economy and monetary policy have been on quite a journey since I last spoke to you two years ago. Today, I would say that both the economy and monetary policy are in a good place. Inflation is still above our goal of 2 percent, but it has moved down a lot from its peak in 2022, when ...
Speech

Journal Article
This Time Is Different…Because We Are

The Federal Reserve has evolved since the “Great Inflation” of the 1970s. With new tools and a deeper understanding of the importance of transparency, it is better prepared to meet the dual mandate goals of price stability and full employment, even in challenging times.
FRBSF Economic Letter , Volume 2022 , Issue 05 , Pages 08

Texas modestly grows with soft landing likely

Texas firms reported below-average output growth to start 2023, while employment and wage gains remained elevated despite indications of a softening labor market.
Dallas Fed Economics

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