Christian Zimmermann is assistant vice president of Research Information Services.| www.stlouisfed.org
As economies develop from their agrarian roots into modern societies, they invariably go through a similar transition.| FRED Blog
The industrial production (IP) index is a popular metric of economic activity because it’s available relatively quickly. This monthly data series covers only a part of economic activity, however. In particular, it misses the service sector and the government sector. The graph above shows its evolution since 1972 along with a subcomponent that covers only manufacturing. Note that the index is set at 100 in 2012, meaning that all the indexes will always cross in 2012. A particularly healthy s...| FRED Blog
Research associates collect and interpret data, co-author published articles, and work directly with our economists. Meet our current research associates.| www.stlouisfed.org
Because of local variations in inflation and nominal wage growth, regional real wage gains can differ, according to an analysis of the largest U.S. cities.| www.stlouisfed.org
Manufacturing is the creation or production of goods with the help of equipment, labor, and chemical or biological processing or formulation. It’s different from mining and construction.| FRED Blog
Analysts can use several economic indicators to gauge a country’s health. One is the infant mortality rate, which is the number of deaths of infants under the age of one per 1000 live births. The FRED map above shows this rate across the world in 1970.| FRED Blog
Between 2019 and 2024, consumer prices in the US increased by 26% and the average weekly earnings of all private-sector employees rose by 28%. In other words, average earnings across the country grew 2% faster than nationwide inflation.| FRED Blog
St. Louis Fed publications and blogs cover topics including the economy, financial institutions and community development.| www.stlouisfed.org