In a recent webinar, small business development centers shared how they and the small businesses they serve have incorporated GenAI into their work and the lessons they’ve learned.| Federal Reserve Bank of San Francisco
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In-depth articles offering insights from our experts' research, public engagement, and events across the 12th district and the nation.| Federal Reserve Bank of San Francisco
A new data interactive and a recent webinar from the SF Fed Community Engagement and Analysis team shed light on homeownership trends in the 12th District.| Federal Reserve Bank of San Francisco
The COVID-19 pandemic is causing severe disruptions to daily life and economic activity. Reliable assessments of the economic fallout in this rapidly evolving situation require timely data. Existing sentiment indexes are useful indicators of current and future spending but are only available with a lag or have a short history. A new Daily News Sentiment Index provides a way to measure sentiment in real time from 1980 to today. Compared with survey-based measures of consumer sentiment, this in...| Federal Reserve Bank of San Francisco
Inflation has remained at levels well above the Federal Reserve’s inflation goal of 2% for over a year. Separating the underlying data from the personal consumption expenditures price index into supply- versus demand-driven categories reveals that supply factors explain about half of the run-up in current inflation levels. Demand factors are responsible for about one-third, with the remainder resulting from ambiguous factors. While supply disruptions are widely expected to ease this year, t...| Federal Reserve Bank of San Francisco
After eight years of economic recovery, inflation remains below the FOMC’s target. Dissecting the underlying price data by spending category reveals that low inflation largely reflects prices that are relatively insensitive to overall economic conditions. Notably, modest increases in health-care prices, which have been held down by mandated cuts to the growth of Medicare payments, have helped moderate overall inflation. Further slow growth in health-care prices is likely to remain a drag on...| Federal Reserve Bank of San Francisco
Cyclical and Acyclical Core PCE Inflation updates data on the contributions to core personal consumption expenditures from cyclical and acyclical components,| Federal Reserve Bank of San Francisco
Explore the extensive work of the SF Fed: Information, research, and insights on specific topics and subtopics impacting our economy.| Federal Reserve Bank of San Francisco
To better understand how stakeholders across the Twelfth District are navigating the economic impacts of increasing wildfire smoke and their actions to build resilience to these impacts, the SF Fed hosted a webinar in August with industry, small business, and community leaders. Here are our top takeaways.| Federal Reserve Bank of San Francisco
SF Fed Director of Research Sylvain Leduc describes his recent community engagement tour of California’s Inland Empire.| Federal Reserve Bank of San Francisco
The members of the SF Fed’s Advisory Councils provide valuable perspectives from around the Twelfth District. In this edition of Advisory Council Observations, we share what we learned at our most recent council meetings.| Federal Reserve Bank of San Francisco
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We are the SF Fed, public servants with a mission to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans.| Federal Reserve Bank of San Francisco
New data suggest that net migration into the United States has dropped sharply in 2025 from its historical highs, falling well below previous estimates.| San Francisco Fed
In 2024, the San Francisco Fed and the Federal Reserve System Innovation Office launched the EmergingTech Economic Research Network (EERN) to support a better| Federal Reserve Bank of San Francisco
The housing market experienced historically low levels of inventory along with rapid price growth in the two years following the onset of the pandemic. Analysis of national and county-level housing data suggests this price surge was fueled by heightened demand rather than low supply. The inflow of new listings remained at pre-pandemic levels, but the outflow due to sales was unusually high, which fed into the low inventory. By mid-2022, rising mortgage rates moderated demand, allowing invento...| Federal Reserve Bank of San Francisco
This research brief by Rocio Sanchez-Moyano of the SF Fed examines homebuying patterns during the pandemic the years that followed.| Federal Reserve Bank of San Francisco
The COVID-19 pandemic upended housing markets. This blog post launches an interactive chart that accompanies our research paper on pandemic homebuyers.| Federal Reserve Bank of San Francisco
Regional data provide indicators measuring characteristics of the dual mandate across the nation. This page provides data on labor market conditions, prices,| Federal Reserve Bank of San Francisco
CPI Inflation Contributions from Goods and Services updates price changes of the typical goods and services that U.S. households consume to understand their role in driving changes in overall consumer price index (CPI) inflation.| Federal Reserve Bank of San Francisco
The SF Fed is looking for exceptional college graduates to join the Economic Research team as Research Associates.| Federal Reserve Bank of San Francisco
As they finish two years of working with the SF Fed Economic Research Department, several research associates will continue their academic careers through graduate studies.| Federal Reserve Bank of San Francisco
As a community-engaged bank, the SF Fed seeks out real-time information on economic conditions by engaging with and learning from businesses, community organizations, and local leaders. These conversations are one of the many inputs into the decisions and monetary policymaking at the Federal Reserve as we pursue our mission. Here’s a snapshot of a recent outreach in Honolulu, […]| San Francisco Fed
Leilani Barnett, senior outreach manager at the Federal Reserve Bank of San Francisco, shares insights from the 4th annual Idaho Rural Success Summit, highlighting how rural communities in Idaho are leveraging partnerships and resources to unlock their economic potential.| San Francisco Fed
Qiana Charles, Regional Executive of the San Francisco Federal Reserve Bank, Los Angeles Branch, learned about the agricultural landscape in Kern County.| San Francisco Fed
Our research associates who have been working with professional economists in Economic Research over the past two years are preparing to take their next steps, pursuing new paths and opportunities.| Federal Reserve Bank of San Francisco
The Economic Club of New York New York, NY| Federal Reserve Bank of San Francisco
Emerging technologies catalyze changes in our workplaces, homes, and communities – and as a result, in our economy. Today, a new wave of emerging technology,| Federal Reserve Bank of San Francisco
Price differences across U.S. states and regions widened during the pandemic years. In our Economic Letter, “The Changing Disparity in Prices Across States,” we find that states with above average price levels before the pandemic generally saw higher inflation from 2019 to 2022 than states that had below average price levels. Watch our Economic Letter […]| San Francisco Fed
How are generative artificial intelligence (GenAI) tools being integrated into consumer product companies? Do they improve product development, marketing| Federal Reserve Bank of San Francisco
Chi Elder, Regional Engagement Officer - Southern California of the SF Fed's Los Angeles Branch, visited San Diego to learn more about how technology impacts the regional economy and landscape with her colleagues, Mike Fernandez and Qiana Charles.| Federal Reserve Bank of San Francisco
The members of the SF Fed’s Advisory Councils provide valuable perspectives from around the Twelfth District. In this edition of Advisory Council Observations, we share what we learned at our most recent council meetings.| Federal Reserve Bank of San Francisco
Executive Vice President of Public Engagement, Laura Choi, recently visited Columbia Grain International, a global company that sources, processes, and distributes agricultural products based in Oregon.| Federal Reserve Bank of San Francisco
Housing prices surged as housing inventories dropped to historically low levels in the first two years following the onset of the pandemic. In our Economic| Federal Reserve Bank of San Francisco
How much variation in labor market conditions and inflation rates is there at the sub-national level? Our Regional Indicators page maps out labor market, price, and earnings data across the country.| Federal Reserve Bank of San Francisco
A recent visit to Riot Games from Qiana Charles, Vice President and Regional Executive of the SF Fed’s Los Angeles branch, provided insights into the evolving gaming industry, its innovative strategies, and economic contributions.| Federal Reserve Bank of San Francisco
With the new year fast approaching, here’s a countdown of our own to close out 2024. Check out the list of our most widely read FRBSF Economic Letter topics in 2024, featuring research and insights from SF Fed economists.| Federal Reserve Bank of San Francisco
Supply- and Demand-Driven PCE Inflation updates data on the contributions to personal consumption expenditures (PCE) inflation from supply-driven versus| Federal Reserve Bank of San Francisco
U.S. household savings rose and fell at unprecedented rates following the onset of the pandemic recession. Updated estimates suggest that these excess savings have been fully spent. However, consumer spending shows no signs of losing steam, raising questions about its future path.| SF Fed
The Daily News Sentiment Index is a high frequency measure of U.S. economic sentiment based on lexical analysis of economics-related news articles.| Federal Reserve Bank of San Francisco
