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Speech
The Prosperity Forum: Economic Mobility Research in Action
The U.S. economy is "doing really well" overall, Philadelphia Federal Reserve Bank president Patrick Harker said on Friday, in a speech that was long on a Fed program aimed at promoting economic mobility and short on broader economic or monetary policy themes. "The reality of the tight labor market means that employers have to start thinking creatively and long term about how they?re going to address the gaps in their workforces," Harker said in remarks prepared for delivery in Philadelphia. The Philadelphia Fed's Economic Growth & Mobility Project, he said, works with local community ...
Texas economy grows modestly; business outlooks brighten
The Texas economy exhibited recent signs of expansion, though job growth has slowed. A measure of economic activity, The Dallas Fed Texas Business Outlook Surveys (TBOS), shows moderate gains in services revenue, a resumption of retail sales increases and stable manufacturing production.
Speech
Reinventing older communities: bridging growth & opportunity
President Charles Plosser discusses emerging trends in the labor market, demographics, and educational system and discusses how understanding them can help prepare communities for growth and prosperity. He also cites how science, technology, engineering, and math (STEM) jobs will drive future labor demand and productivity.
Industry Concentration May Help Explain Divergent Business Cycles
U.S. states with high concentrations of certain industries may help explain why these areas diverge from the national cycle of recessions or expansions.
Newsletter
The Effect of Weather on First-Quarter GDP
In a pattern similar to that of the previous year, the U.S. economy appeared to slow down this past winter. The Bureau of Economic Analysis currently estimates that gross domestic product (GDP) grew at 0.6% (at an annualized rate) in the first quarter of 2015. And as in the previous year, harsh winter weather has been cited by some observers as being responsible for the slowdown. However, there is substantial disagreement on the impact of weather on economic activity.
Speech
Landing Softly Is Just the Beginning
Speech to New York University Stern School of Business, New York, NY, October 15, 2024, by Mary C. Daly, President and Chief Executive Officer, Federal Reserve Bank of San Francisco.
Speech
Economic Outlook
Fed President Patrick T. Harker said he expects the U.S. economy to grow around 2 percent in 2020, indicating no change from his outlook of recent months. Speaking at the 2020 Economic Leadership Forum hosted by the New Jersey Bankers Association, Harker discussed his view of the labor markets and inflation as well as recent developments in the Fed’s balance sheet normalization process and efforts to modernize the Community Reinvestment Act.
Speech
Remarks before the Annual Conference of the American Economic Development Council
Dallas Fed President Bob McTeer delivered remarks before the Annual Conference of the American Economic Development Council.
Speech
Keynote Address: The Economic Outlook
Speaking before an audience in Bucks County, PA, Philadelphia Fed President Patrick Harker said that a "new normal" in the economy may mean rethinking policy targets. "Things are unlikely to return to what we considered their relative norms before the recession," he said.
Speech
Opening Remarks for 'Energy and the Economy: The New Energy Landscape' Conference
Dallas Fed President Lorie Logan delivered this address to open the conference hosted by the Federal Reserve Banks of Dallas and Kansas City in Houston.