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Journal Article
How Has Real Wage Growth in the Rocky Mountain Region Outpaced Other States?
Real wage growth in the United States has returned to positive territory on average, driven by growing economic activity, healthy labor markets, and subsiding inflationary pressures. Wage growth is above the current inflation rate, easing but not yet offsetting challenges from recent inflation shocks. Real wage growth is relatively higher in Rocky Mountain States due to the types of jobs being added.
Journal Article
Regional Firms Are Disagreeing About How to React to Current Economic Conditions
There is an increased level of disagreement among firms about their respective economic outlooks in the Tenth District region. As heightened levels of disagreement are historically associated with softening employment, this could have implications for economic conditions moving forward.
Journal Article
Deconstructing mountain state unemployment rates
This issue of the Rocky Mountain Economist discusses how the unemployment rate is calculated and explores recent trends in the Mountain States? unemployment rates.
Journal Article
Key industries in the Mountain states
Journal Article
Poverty Thresholds Across the Rocky Mountain Region
The ability of households to purchase a certain amount of essential items can determine whether they are classified as being impoverished. These spending thresholds differ at local levels because the costs of reaching a specified consumption level vary from community to community. Poverty thresholds across the Rocky Mountain region often exceed national averages, with some counties having nearly 30 percent higher thresholds than the national level.
Journal Article
The Tight Labor Market in the Rocky Mountain Region is Showing Some Signs of Easing
Labor market conditions are showing some early signs of softening, as imbalances between labor demand and supply are improving. While labor markets remain strong in the Rocky Mountain Region, contacts suggest moderating labor market tightness in the coming year. This Rocky Mountain Economist provides an overview of recent regional labor market conditions, and prospects for the regional labor market in 2024 reported by businesses throughout the region.
Journal Article
Is the construction constraint easing?
This issue of the Rocky Mountain Economist explores the recent impact of construction employment trends on job growth in the mountain states of Colorado, New Mexico and Wyoming.