2016

Jul 27, 2016

Southern States Avoid Minimum Wage-Raising Bandwagon

What does it mean to be a minimum wage earner in the South? Economy Matters takes a look.

Jul 25, 2016

Cash: Reports of Its Pending Death are Greatly Exaggerated

Despite many predictions of its demise, cash is here to stay, according to Take On Payments.

Jul 22, 2016

Jobs Calculator Updated with State Data

How many jobs does it take in your state? Check out our state-level Jobs Calculator to learn how June data from the U.S. Bureau of Labor Statistics affect the outlook for unemployment in each state.

Jul 21, 2016

Coming to Our Census: A Look at the Atlanta Fed's Research Data Center

The Atlanta Fed is home to a Research Data Center (RDC), which gives qualified researchers access to data available in few other places. In this Economy Matters podcast episode, Julie Hotchkiss, director of the Atlanta RDC, discusses how the facility enables research that otherwise would not be possible. podcast

Jul 21, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on the consumer price index, housing starts, industrial production, unemployment insurance weekly initial claims, and more.

Jul 21, 2016

Deflation Probabilities Little Changed

On July 20, the 2016–21 deflation probability was 13 percent and the 2015–20 deflation probability was 5 percent.

Jul 20, 2016

Employer Perspectives on Southeast Labor Market Conditions in Eight Charts

Most employers have not changed their use of part-time work over the past year. That's one finding of a recent Atlanta Fed poll of southeastern business contacts. This Economy Matters article shows poll results in a series of charts.

Jul 19, 2016

A Trip Down a "Winding Road": A Recap of the 2016 Banking Outlook Conference

The banking environment has smoothed out significantly since the days of the financial crisis and ensuing recession. The Atlanta Fed's supervision and regulation division recently held a conference to peer down the road, and Economy Matters' "ViewPoint" summarizes the discussions.

Jul 19, 2016

Reserve a Fed Speaker for Your Community Group or Civic Organization

Atlanta Fed speakers are available to speak at your organization.

Jul 19, 2016

GDPNow Forecast for Second Quarter Unchanged

On July 19, the GDPNow model forecast for real GDP growth in the second quarter of 2016 is 2.4 percent. View GDPNow for more details.

Jul 18, 2016

Are Lemons Sold First? Dynamic Signaling in the Mortgage Market

Manuel Adelino, Kristopher Gerardi, and Barney Hartman-Glaser
Working Paper 2016-8 (July)
Using detailed information about the residential mortgage market, the authors find a positive relationship between a mortgage's performance and its time to sale, providing some of the first evidence of a signaling mechanism through delay of trade.

Jul 18, 2016

What's Moving the Market's Views on the Path of Short-Term Rates?

Although trying to discern the future path of short-term interest rates is an inexact science to say the least, the market provides data that allow something akin to a look around the corner. A new macroblog post looks at the information that attempts to see down the path.

Jul 18, 2016

Lockhart Casts a Line into the Murky Waters of Uncertainty

Is Britain's vote to depart the European Union—commonly known as Brexit—weighing on firms' decision making? A new macroblog post looks at new survey data and considers them alongside recent comments by the head of the Atlanta Fed.

Jul 18, 2016

Construction and Real Estate Survey: Is the Glass Half-Full?

For the first time in our survey, half the builders said credit met or exceeded their demand. That's significant because lack of credit has been a major obstacle for homebuilders and one reason why construction is only a fraction of what it was before the downturn.

Jul 18, 2016

The 411 on Banning the RCC

A newly amended rule from the Federal Trade Commission makes it harder to commit telemarketing fraud. Take On Payments looks at the remotely created check and one way it has been misused.

Jul 15, 2016

How Will Employers Respond to New Overtime Regulations?

Later this year, the rules surrounding overtime pay will undergo significant changes, and employers have a range of actions they might take in response. A macroblog post looks at some of these possible actions and their implications.

Jul 15, 2016

How Good Is the Employment Trend? Decide for Yourself

The U.S. economy added 147,000 net jobs per month last quarter. A macroblog post considers whether this pace is sufficient to put downward pressure on the unemployment rate.

Jul 15, 2016

Wage Growth Moves Higher in June

Median wage growth rose 3.6 percent on a year-over-year basis in June, up 10 basis points from the May reading, according to the Wage Growth Tracker.

Jul 14, 2016

Deflation Probabilities Little Changed

On July 13, the 2016–21 deflation probability was 13 percent and the 2015–20 deflation probability was 4 percent.

Jul 14, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on average hourly earnings, contributions to change in nonfarm payroll employment, unemployment and labor force participation rates, and more.

Jul 14, 2016

Letting the Waters Clear

Atlanta Fed President and CEO Dennis Lockhart, in a July 14, 2016, speech to the Eighth Annual Rocky Mountain Economic Summit in Victor, Idaho, gives his economic outlook.

Jul 14, 2016

Part Chart, Part Science: The Evolution of Economic Indicators

Just as the economy has evolved over many decades, so too have the ways economic activity is measured. What was once perhaps a key metric might now be only a marginally useful vestige in an economist's toolbox. Economy Matters looks at some newer tools and how they help assess the economy.

Jul 13, 2016

Beige Book: Southeastern Businesses' Outlook Optimistic

The outlook among most business contacts around the Sixth District remains positive, with most of them anticipating higher growth in the near term, according to the latest release of the Federal Reserve's Beige Book, which summarizes regional economies. Residential real estate contacts in the region report slow but steady growth.

Jul 13, 2016

Business Inflation Expectations Inch Down

Firms anticipate 1.7 percent inflation over the coming year, down one-tenth of a percentage point from June. Our July survey probes how Britain's decision to leave the European Union has affected firms' sales growth outlook.

Jul 12, 2016

Labor Market Charts Updated with May JOLTS Data

Monitor labor market progress with our Labor Market and Labor Market Distributions Spider Charts, both now with May data on job openings, hires, layoffs, and quits (JOLTS).

Jul 12, 2016

Forecasting China's Economic Growth and Inflation

Patrick Higgins, Tao Zha, and Karen Zhong
Working Paper 2016-7 (July)
The authors develop a model that forecasts China's gross domestic product growth and consumer price index inflation. Their model predicts that China's future GDP growth will be L-shaped, not U-shaped.

Jul 11, 2016

Surviving the Emerging Payments Providers

New payments companies are keeping financial institutions and traditional remittance providers on their toes. Take On Payments thinks the traditional companies are more than meeting the challenge.

Jul 08, 2016

Labor Market Tracking Tools Updated With June Data

What do June employment data from the U.S. Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Spider Charts and the Jobs Calculator to find out.

Jul 07, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on the economic policy uncertainty index, international trade, ISM manufacturing purchasing managers index, and more.

Jul 07, 2016

Deflation Probabilities Little Changed

On July 6, the 2016–21 deflation probability was 14 percent and the 2015–20 deflation probability was 4 percent.

Jul 07, 2016

Is the Labor Market Tossing a Fair Coin?

Predicting the outcome of a single coin toss isn't that difficult: you have a 50 percent chance of being right. But accurately predicting more than one coin toss poses a much stiffer challenge. A new macroblog post looks at the labor market's recent behavior, ever mindful of the daunting odds of serial accuracy.

Jul 06, 2016

Minutes of the June 14–15 FOMC Meeting Released

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on June 14–15, 2016.

Jul 06, 2016

Data Digests Updated with Recent Data

View our interactive charts, which feature recent data and note current economic activity and trends in employment and real estate in the Southeast.

Jul 06, 2016

When It Rains, It Pours

A disappointing first estimate of payroll employment growth is often accompanied by downward revisions to the prior two months. A new macroblog post examines why seasonal adjustment issues are partly behind this paired occurrence.

Jun 30, 2016

TAF: The Cure-All for Stigma?

Stigma has long inhibited use of the Federal Reserve's discount window. The Fed's Term Auction Facility (TAF) overcame stigma during the recent crisis. Notes from the Vault discusses the reasons for the TAF's success and some implications for the future.

Jun 30, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on contributions to real GDP growth, PCE price index components, U. S. house prices, unemployment insurance weekly initial claims, and more.

Jun 30, 2016

Quote Us, POTUS

People often discuss the Federal Reserve, and in that respect, U.S. presidents are no different. The new Economy Matters quiz asks you to match quotations about the Fed with the presidents who gave them.

Jun 30, 2016

Deflation Probabilities Increase Slightly

On June 29, the 2015–20 deflation probability was 5 percent and the 2016–21 deflation probability was 14 percent.

Jun 30, 2016

CNN's Great Big Story Airs Piece on Recycling Old Cash

Reserve Banks process enormous amounts of currency, and unfit bills are destroyed. What happens to the shredded money? Economy Matters reports on CNN's recent visit to the New Orleans Branch to answer that very question.

Jun 29, 2016

Pay As You Go: Yes or No?

There's little question that programs such as Social Security and Medicare are going to come under greater financial stress as the baby boomers continue to retire. What's the best way to ensure the sustainability of these programs while still maintaining their insurance benefits? A new macroblog post considers some possibilities.

Jun 28, 2016

Cuba Trade Data

The shift in diplomatic relations between the United States and Cuba will have significant implications for the countries' trade relations. This web page sheds light on Cuba's economy with data on exports and imports, international trade, and tourism.

Jun 27, 2016

Between a Rock and a Hard Place?

In an age of an increasingly complex and interconnected payments ecosystem, who should primarily bear the burden of educating the consumer about safe payments practice? A new Take On Payments post says that financial institutions must play a leading role in the educational effort.

Jun 23, 2016

The Big Dynamism of (Some) Small Metros

The Southeast's big cities are known around the world, but the region is home to far more small metropolitan areas, each with its own economic characteristics and demographic identity. The newest Economy Matters podcast discusses an Atlanta Fed tool that allows a convenient look at the economies of these cities. podcast

Jun 23, 2016

Deflation Probabilities Little Changed

On June 22, the 2015–20 deflation probability was 4 percent and the 2016–21 deflation probability was 12 percent.

Jun 23, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on consumer price index, housing starts, industrial production, unemployment insurance weekly initial claims and more.

Jun 22, 2016

Was May's Drop in Labor Force Participation All Bad News?

Economists watch fluctuations in the labor force participation rate closely, so last month's decline received scrutiny for what it might imply about today's labor market. A new macroblog post looks at recent labor force data and finds that the decline due to the outflow from unemployment is not necessarily bad news.

Jun 21, 2016

Wage Growth for Job Stayers and Switchers Added to the Atlanta Fed's Wage Growth Tracker

Wage growth has varied between those who change jobs and those who remain in the same job. A new macroblog post discusses this information and how it can now be parsed using the Atlanta Fed's Wage Growth Tracker.

Jun 21, 2016

Rising Construction Costs Affect Housing Affordability

As builders in cities like Atlanta and Nashville build more expensive homes, finding affordable homes may be becoming a challenge. Economy Matters looks at some trends.

Jun 20, 2016

Construction and Real Estate Survey: Keep on the Sunny Side

Reports on buyer traffic and home sales remained positive in May, according to most of the real estate contacts surveyed.

Jun 20, 2016

There's an App for That!

The number of people who use their mobile phone to conduct some aspect of banking grows every year. Take On Payments offers more highlights from the Federal Reserve Board of Governors recent report on mobile financial services.

Jun 17, 2016

Jobs Calculator Updated with State Data

How many jobs does it take in your state? Check out our state-level Jobs Calculator to learn how May data from the U.S. Bureau of Labor Statistics affect the outlook for unemployment in each state.

Jun 17, 2016

Business Inflation Expectations Decline

Firms anticipate 1.8 percent inflation over the coming year, a slight dip from May's results. The June Business Inflation Expectations survey explores the cost forecasting period that firms typically use when contemplating price changes.

Jun 16, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on retail sales and more.

Jun 16, 2016

Deflation Probabilities Increase Slightly

On June 15, the 2015–20 deflation probability was 3 percent and the 2016–21 deflation probability was 13 percent.

Jun 16, 2016

myCPI Features May Data, Sticky-Price CPI Up 2.7 Percent

The Atlanta Fed's myCPI tool has been updated with May data. Compare your personal consumer price index with the U.S. average. The sticky-price CPI rose 2.7 percent (annualized) in May, following a 3.1 percent increase in April.

Jun 16, 2016

Experts Debate Policy Options for China's Transition

China's economy roared ahead without interruption for several years. But what are the next steps now that growth has shifted into a lower gear? A new macroblog post recaps a recent conference that looked at some policy recommendations.

Jun 16, 2016

Keeping Up with the Gazelles, Part 5: For Gazelle Founders, Hiring Goes beyond the Resume

All businesses seek the right hires, but for a small business, having the right employees is arguably even more crucial. The fifth and final installment of Economy Matters' Gazelle Project talked to some founders of gazelles—or fast-growing small businesses—about the role of hiring in establishing and building a business.

Jun 15, 2016

Federal Reserve Issues FOMC Statement

Information received since the Federal Open Market Committee met in April indicates that the pace of improvement in the labor market has slowed while growth in economic activity appears to have picked up.

Jun 14, 2016

Wage Growth Moves Higher in May

Median wage growth rose 3.5 percent on a year-over-year basis in May, up 10 basis points from the April reading, according to the Wage Growth Tracker.

Jun 13, 2016

What Is GPR Feeding On? Part 2 of 2

Each year, card issuers lose about $10.9 billion to card fraud, according to one report. Prepaid cards account for about 4 percent of that fraud. Take On Payments looks at the report and describes how GPR cards in particular could be used in fraud.

Jun 09, 2016

To Reshore or Not to Reshore, That Is the Question

Companies have offshored certain jobs to lower-cost countries for many years. But as global economic conditions change, is the tide turning and bringing some employment back to the states? Economy Matters looks at the pros and cons of reshoring.

Jun 09, 2016

Deflation Probabilities Unchanged

On June 8, the 2015–20 deflation probability was 2 percent and the 2016–21 deflation probability was 12 percent.

Jun 09, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on economic policy uncertainty index, international trade, ISM manufacturing purchasing managers index, unemployment insurance weekly initial claims and more.

Jun 09, 2016

Construction Lending Update: Have the Banks Finally Opened the Spigots?

Bank call report data can reveal much about construction lending. Real Estate Research offers some observations.

Jun 09, 2016

It's Not Just Millennials Who Aren't Buying Homes

The U.S. homeownership rate—at historic highs not so long ago—has declined in recent years. A new macroblog post looks at a variety of factors at work in bringing the rate down and how the changes vary across demographic groups.

Jun 09, 2016

Apartments, and Rents, Are Rising across the Southeast. Is It Too Much?

Why is there a surge in multifamily construction, especially higher-end buildings? Economy Matters looks at the trends and implications.

Jun 08, 2016

Labor Market Charts Updated with April JOLTS Data

Monitor labor market progress with our Labor Market and Labor Market Distributions Spider Charts, both now with April data on job openings, hires, layoffs, and quits (JOLTS).

Jun 07, 2016

Americas Center Annual Review Now Available

The center conducts outreach to Latin America and Spain. The annual review summarizes some of those efforts, such as discussions on U.S.-Cuba relations and the outlook for Brazil's economy. Read all the highlights.

Jun 06, 2016

After the Conference, Another Look at Liquidity

Central banks around the world incorporate a range of approaches to maintaining market liquidity. A new macroblog post summarizes a recent Atlanta Fed conference that asked how these varied approaches affect markets and the banks that operate within them.

Jun 06, 2016

Mobile Security and Privacy

Many consumers don't believe that the mobile banking channel is safe. That was one of the findings of the Federal Reserve Board of Governors' Consumers and Mobile Financial Services 2016 report. This week, Take On Payments picks up where it previously left off with highlights from the report.

Jun 03, 2016

Labor Market Tracking Tools Updated With May Data

What do May employment data from the U.S. Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Spider Charts and the Jobs Calculator to find out.

Jun 02, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on commodity price index, core capital goods, disposable personal income and personal saving rate, federal reserve assets, federal reserve liabilities, personal consumption expenditure, real personal consumption expenditures, unemployment insurance weekly initial claims, U.S. house prices and more.

Jun 02, 2016

Deflation Probabilities Flat

On June 1, the 2015–20 deflation probability was 2 percent and the 2016–21 deflation probability was 12 percent.

Jun 02, 2016

Moving On Up

In a tightening job market, a greater number of workers change jobs. Are the growing ranks of job switchers partly behind the uptick in wage growth? A new macroblog post looks at recent data to shed light on the recent behavior of wage growth.

Jun 01, 2016

Beige Book: Southeastern Contacts Report Continued Modest Growth

Most business contacts around the Sixth District continued to report a positive outlook for growth in the region over the next three to six months, according to the latest release of the Federal Reserve's Beige Book, which summarizes regional economies. Reports on tourism were mostly positive.

Jun 01, 2016

Putting the Wage Growth Tracker to Work

As unemployment remains low, the question of its impact on wage growth and inflation naturally arises. What does the Atlanta Fed's Wage Growth Tracker tell us about these sometimes symbiotic indicators? A new macroblog post looks at what some researchers have found using the Wage Growth Tracker.

May 31, 2016

Getting a Grip on Liquidity: Conference Takeaways

The Atlanta Fed's recent Financial Markets Conference analyzed liquidity from the perspective of markets, institutions, and central banks. Notes from the Vault discusses three takeaways from the conference related to improvements in measuring liquidity and the impacts of regulation and technology on liquidity.

May 31, 2016

What Is GPR Feeding On? Part 1 of 2

Who uses general purpose reloadable, or prepaid, cards, and why? This week, Take On Payments busts a couple of myths connected to prepaid cards.

May 26, 2016

Deflation Probabilities Increase Slightly

On May 25, the 2015–20 deflation probability was 2 percent and the 2016–21 deflation probability was 12 percent.

May 26, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on sales and months' supply of existing single-family homes, sales and months' supply of new single-family homes, U.S. single-family homes sales and more.

May 26, 2016

Senior Housing Industry Aging Gracefully

The surge in the population of older Americans is fueling the growth of "senior living facilities" to house this population. Economy Matters looks at this nascent industry.

May 23, 2016

Can Two Wrongs Make a Right?

Measuring gross domestic product in real time in notoriously complex, prone to errors and biases in numerous moving parts. A new macroblog post examines where some potential forecast errors originate and how to combat them.

May 23, 2016

What Would Happen If the Lights Went Out for a Long, Long Time?

If a catastrophe were to create a widespread power outage, is there a contingency plan to ensure that cash is available? Take On Payments discusses payment options in the event of a disaster.

May 20, 2016

Jobs Calculator Updated with State Data

How many jobs does it take in your state? Check out our state-level Jobs Calculator to learn how April data from the U.S. Bureau of Labor Statistics affect the outlook for unemployment in each state.

May 19, 2016

Deflation Probabilities Decline

On May 18, the 2015–20 deflation probability was 1 percent and the 2016–21 deflation probability was 11 percent.

May 19, 2016

Are People in Middle-Wage Jobs Getting Bigger Raises?

Coming out of the recession, wage growth had been stubbornly slow, even amid an improving labor market. But recent data indicate that quickening growth may be at hand—at least for certain groups of workers. A new macroblog post looks at how wages are faring across the spectrum.

May 19, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on consumer price index, economic policy uncertainty index, retail sales, unemployment insurance weekly initial claims, U.S. housing starts and more.

May 19, 2016

Is an Older Economy a Weaker Economy?

Many forecasts call for slower economic growth in the coming decades, in some part because of the aging of the population. The Atlanta Fed's 2015 annual report explores this issue.

May 18, 2016

Minutes of the April 26–27 FOMC Meeting Released

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on April 26–27, 2016.

May 18, 2016

Business Inflation Expectations Rise

Firms anticipate 1.9 percent inflation over the coming year, up two-tenths of a percentage point from April's reading. The May survey probes firms' difficulty attracting qualified applicants and the corresponding effect on wage and benefit offerings.

May 18, 2016

Establishing a Foothold in Cuba: An Interview with David Seleski of Stonegate Bank

With a slowly growing economic relationship between the United States and Cuba comes the beginning of a banking relationship. Florida-based Stonegate Bank is the first U.S. bank sanctioned to do business with Cuba since the early 1960s, and Economy Matters recently spoke with Stonegate's president to learn how it got this opportunity.

May 17, 2016

myCPI Features April Data, Sticky-Price CPI Up

The Atlanta Fed's myCPI tool has been updated with April data. Compare your personal consumer price index with the U.S. average. The sticky-price CPI rose 3.1 percent (annualized) in April, following a 2.0 percent increase in March.

May 16, 2016

Wage Growth Moves Higher in April

Median wage growth rose 3.4 percent on a year-over-year basis in April, up 20 basis points from the March reading of 3.2 percent, according to the Wage Growth Tracker.

May 16, 2016

Improving Customer Authentication: Is the PIN Past Its Prime?

A new report from the United Kingdom on fraud may be foretelling the future of EMV fraud in the United States, which is about eight months into its EMV journey. Take On Payments looks at the report.

May 16, 2016

GDPNow and Then

Real gross domestic product is one of the most closely watched measures of economic activity, and an array of barometers (including the Atlanta Fed's GDPNow) helps economists predict the initial estimate. A new macroblog post compares the accuracy of some of these tools.

May 13, 2016

Construction and Real Estate Survey: Spring into Action

Construction activity was up in April year over year, according to most of the builders surveyed. Their expectation for activity over the next three months remained positive.

May 12, 2016

2015–20 Deflation Probability Flat

On May 11, the 2015–20 deflation probability was 6 percent and the 2016–21 deflation probability was 14 percent.

May 12, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on consumer confidence indices measuring, contributions to real gdp, disposable personal income, federal reserve assets, federal reserve liabilities, ism purchasing managers index, real personal consumption expenditure and more.

May 11, 2016

GDP-Based Recession Indicator Index

The U.S. economy is still in an expansion phase, according to the latest reading of the GDP-based recession index.

May 10, 2016

Declines in Low-Cost Rented Housing Units in Eight Large Southeastern Cities

Renters in many metro areas, especially those with modest incomes, increasingly struggle to find affordable housing. The authors investigate the landscape of low-cost rented housing units and spatial patterns of change in eight cities in the Southeast.

May 10, 2016

Labor Market Charts Updated with March JOLTS Data

Monitor labor market progress with our Labor Market and Labor Market Distributions Spider Charts, both now with March data on job openings, hires, layoffs, and quits (JOLTS).

May 09, 2016

Follow the Money!

Cash handling is a well-controlled process, but sometimes inefficient. A panel discussion at a recent conference discussed an initiative that would use supply chain logistics to increase efficiencies. Take On Payments describes Cash Visibility.

May 05, 2016

2015–20 Deflation Probability Rises

The 2015–20 deflation probability was 6 percent on May 4, up from 3 percent on April 27.

May 05, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on core capital goods, ISM manufacturing purchasing managers index, PCE price index components, personal consumption expenditure and more.

May 04, 2016

What's behind the Recent Uptick in Labor Force Participation?

Observers of labor force participation have watched the rate go in one direction for some time now: down. But labor force participation has recently begun to show signs of picking up. A new macroblog post looks at some reasons why and asks if the increase might become a trend.

May 04, 2016

What Is REIN? Part 1: How the Atlanta Fed Stays in Touch with Nearly 50 Million People

When data can't tell the full picture, the Atlanta Fed fills in the gaps by talking to business and community leaders. Read how the Atlanta Fed keeps in touch with the Southeast in Economy Matters.

May 04, 2016

Construction Spending Update

The recovery in real estate still has legs. That's the conclusion of the latest Real Estate Research post, which provides an analysis of the latest construction spending report.

May 03, 2016

Four-and-a-Half Current Questions for Policymakers

Atlanta Fed President and CEO Dennis Lockhart, in a May 3, 2016, speech to the World Affairs Council in Jacksonville, discusses the Federal Open Market Committee's (FOMC) recent policy decision and questions he will be considering as the June FOMC meeting approaches.

May 02, 2016

Trade Dynamics and China, Part 2: The World

How much does China import and export globally and what types of goods are exchanged? Economy Matters charts China-world trade over the past few decades in the second of a three-part series.

Apr 29, 2016

Ending Too Big to Fail: Lessons from Continental Illinois

Some analysts have recently called for structural changes to the banking industry to end too big to fail (TBTF). Notes from the Vault looks back at the 1984 TBTF treatment of Continental Illinois to see whether these structural measures would have prevented the bailout.

Apr 29, 2016

Is the Number of Stay-at-Home Dads Going Up or Down?

There's no place like home...or is there? A new macroblog post looks at the once rising (and now falling) number of fathers who are not employed and asks how much of that reflects unemployment versus a voluntary decision to take on household responsibilities.

Apr 28, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on unemployment insurance weekly initial claims, U.S. housing and more.

Apr 27, 2016

Federal Reserve Issues FOMC Statement

Information received since the Federal Open Market Committee met in March indicates that labor market conditions have improved further even as growth in economic activity appears to have slowed.

Apr 27, 2016

Teachers Teaching Teachers: The Role of Networks in Financial Decisions

Whether or not to refinance a home is a big decision, and many people likely rely on their social networks for guidance. Real Estate Research examines a research paper establishing the importance of networks in such decisions.

Apr 26, 2016

Financing Workforce Development in a Devolutionary Era

Federal funding for the traditional workforce development system has declined dramatically over the past few decades. The author examines several promising alternative financing models for workforce development programs such as social impact bonds and income-share agreements.

Apr 25, 2016

Be Careful, Be Very Careful

Criminals use many tactics to scam people, some of them crude, some sophisticated. This week's Take On Payments discusses some of the more common tactics and stresses the importance of being vigilant on the Internet.

Apr 21, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on consumer price index, economic policy uncertainty index, housing starts, industrial production and more.

Apr 20, 2016

Atlanta Fed Named Fourth on DiversityInc's Top 10 Regional Companies for Diversity List for 2016

The Federal Reserve Bank of Atlanta was named fourth on DiversityInc's 15th annual Top 10 Regional Companies for Diversity on April 19, 2016.

Apr 19, 2016

Jobs Calculator Updated with State Data

How many jobs does it take in your state? Check out our state-level Jobs Calculator to learn how March data from the U.S. Bureau of Labor Statistics affect the outlook for unemployment in each state.

Apr 19, 2016

German Central Banker Says Euro Economy Gradually Recovering

The European Central Bank loosened monetary policy to boost the euro area economy. But that brings economic risk, said a German central banker at a recent luncheon at the Federal Reserve Bank of Atlanta. Economy Matters offers highlights of his presentation.

Apr 18, 2016

"I want to be alone; I just want to be alone"

Making purchases anonymously does not necessarily mean that the purchaser has something nefarious to hide. Take On Payments discusses some of the pluses and minuses of some of the available options.

Apr 18, 2016

Construction and Real Estate Survey: Prices Up, Inventory Down

Home prices continued to rise in March as buyer traffic picked up and inventory levels remained low, according to most builders and brokers surveyed.

Apr 18, 2016

Profound Changes in Store for Labor Market

Labor force participation has slowed in recent years, due in part to retiring baby boomers. But as labor force growth slows, what happens to the growth potential of the U.S. economy? Part three of the Atlanta Fed's 2015 annual report looks at this conundrum.

Apr 15, 2016

Labor Force Participation: Aging Is Only Half of the Story

The labor force participation rate has fluctuated considerably in recent years, and demographics only partially explain the changes. A new macroblog post examines other factors at work behind changes in this important measurement of economic productivity.

Apr 14, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on retail sales, unemployment insurance weekly initial claims and more.

Apr 14, 2016

Health Care Sector Projected to Expand

Medical demands of the increasingly aging population will boost the health care and social assistance sector, contributing substantially to the U.S. labor market. This Economy Matters article investigates where the jobs will be and looks at the balance between aging patients and an aging workforce.

Apr 14, 2016

Lesson: Exploring Careers in Economics

Do your students love studying economics? Would you like to encourage them to consider a career in this interesting and growing field? If so, Extra Credit has the right lesson for your class. A related article discusses the need for diversity in the economics field.

Apr 13, 2016

Beige Book: Southeastern Contacts Report Unchanged Conditions

The majority of business contacts around the Sixth District continued to report a positive outlook for growth in the region over the next three to six months, according to the latest release of the Federal Reserve's Beige Book, which summarizes regional economies. Reports on hiring were mixed.

Apr 13, 2016

Putting the MetLife Decision into an Economic Context

MetLife's recent successful petition to rescind its status as too big to fail raises a host of questions about what qualifies a firm as systemically important to the financial system. A new macroblog post examines these questions and the issues that surround them.

Apr 11, 2016

The Rise of Shadow Banking in China

Commercial banks in China have been increasing their risk-taking activities in the form of shadow lending. A new macroblog post ponders the risks to the balance sheets of these financial institutions.

Apr 11, 2016

Combat Gear for Tax Season

It's tax season, and that means it's also tax fraud season. This week's Take On Payments discusses what the Security Summit is doing to help prevent identity theft tax refund fraud.

Apr 08, 2016

Wage Growth Tracker Flat in March

Median wage growth rose 3.2 percent on a year-over-year basis in March, unchanged from February's reading.

Apr 08, 2016

New Orleans Community Leaders Address Affordable Housing Challenges

The availability of affordable housing was the topic of a recent event at the New Orleans Branch of the Atlanta Fed. On March 4, community leaders, lenders, and housing officials met at the branch to discuss best practices in financing. Economy Matters has highlights.

Apr 07, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on average hourly earnings, federal reserve assets, federal reserve liabilities, ISM manufacturing purchasing managers index, payroll employment changes, international trade, unemployment and labor force participation rates and more.

Apr 07, 2016

Where Have All the Teen Workers Gone?

If you remember the job you held as a teenager, you might be part of a dwindling group. Fewer teens are entering the labor force today, and Economy Matters looks at some of the factors behind the decline.

Apr 07, 2016

Financial Lessons from Athletes Who Earned and Lost Millions

Are your students interested in professional sports? Get them talking about personal finance with stories drawn from the lives of pro athletes. In this Extra Credit reprint from ACTE's Techniques magazine, Claire Loup, senior economic education specialist, suggests strategies to incorporate the ESPN documentary Broke in your classroom.

Apr 06, 2016

Minutes of the March 15–16 FOMC Meeting Released

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the minutes of the Committee meeting held on March 15–16, 2016.

Apr 05, 2016

Labor Market Charts Updated with JOLTS Data

Monitor labor market progress with our Labor Market and Labor Market Distributions Spider Charts, both now with February data on job openings, hires, layoffs, and quits (JOLTS).

Apr 04, 2016

Which Wage Growth Measure Best Indicates Slack in the Labor Market?

Even as the unemployment rate moves toward what economists consider full employment, average hourly wages have seemingly stalled. A new macroblog post considers wage growth measures other than hourly wages to assess labor market strength.

Apr 04, 2016

Same-Day ACH: A Call to Action

This fall marks the deadline for moving to same-day payments. Are financial institutions ready? Are their processors ready? Take On Payments warns that time is running out.

Apr 04, 2016

Atlanta Fed Officials Going to the Grassroots

Gathering economic information isn't just about data sets and models—it's also about events on Main Street. Economy Matters recently accompanied Atlanta Fed President Dennis Lockhart to Savannah, Georgia, to observe.

Apr 01, 2016

Labor Market Tracking Tools Updated With March Data

What do March employment data from the U.S. Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Spider Charts and the Jobs Calculator to find out.

Mar 31, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on core capital goods, contributions to real gdp growth, pce price index, personal consumption, U.S. house prices, and more.

Mar 31, 2016

Getting a Grip on Liquidity

Liquidity is a slippery concept but one that has important implications for the financial system. This Notes from the Vault post highlights some of the liquidity related issues that will be discussed in our upcoming Financial Markets Conference, Getting a Grip on Liquidity: Markets, Institutions, and Central Banks.

Mar 31, 2016

April Is Financial Literacy Month

It's only fitting that April, the month of the income tax deadline, is also National Financial Literacy Month. This commemoration is intended to raise awareness about the importance of personal finance education. Extra Credit has some classroom-ready lessons and activities for teaching financial literacy.

Mar 28, 2016

Continuing Education in Mobile Payments Security

So far, it's mostly been financial institutions (FI) teaching consumers how to use payments products responsibly. But who teaches consumers about payment technologies that don't come from an FI? This week, Take On Payments offers highlights from a new guide to mobile payments.

Mar 25, 2016

Jobs Calculator Updated with State Data

How many jobs does it take in your state? Check out our state-level Jobs Calculator to learn how February data from the U.S. Bureau of Labor Statistics affect the outlook for unemployment in each state.

Mar 24, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on industrial production, single-family homes, unemployment and more.

Mar 24, 2016

Schools of Thought

The Atlanta Fed's 2015 annual report, "The Graying of the American Economy," concerns the impact of an aging population on the U.S. economy. Put your own gray matter to the test with the new Economy Matters quiz about some of the demographic changes taking place in the United States!

Mar 23, 2016

U.S., Cuba Face Long Road to Restoring Ties

University of Havana professor Carlos Alzugaray recently visited the Atlanta Fed to discuss the future of U.S.-Cuba relations.

Mar 21, 2016

The Insider on the Outside

As organizations outsource more internal-support functions to third-party providers, how do they ensure the security of their data? Take On Payments offers a takeaway from a recent cybersecurity conference.

Mar 21, 2016

A Kaleidoscopic Context for Monetary Policy

Atlanta Fed President and CEO Dennis Lockhart, in a March 21, 2016, speech to the Rotary Club of Savannah, discusses the Federal Open Market Committee's recent policy decision and his outlook for 2016.

Mar 21, 2016

2015 Annual Report: President's Message

Atlanta Fed President and CEO Dennis Lockhart introduces "The Graying of the American Economy," the Atlanta Fed's 2015 annual report exploring the impact of America's changing demographic profile on the nation's potential for economic growth. Watch the video.

Mar 21, 2016

Fiscal Math Is Daunting

As the share of older Americans rises and the number of working-age people declines proportionally, social insurance programs are being strained. This second of four articles in the Atlanta Fed's 2015 annual report explains why.

Mar 21, 2016

Soaring Numbers of Elderly Reshaping U.S. Economy

The age structure of the population of the United States is experiencing a dramatic shift, with the number of people 65 and older expected to nearly double by 2030. This first of four articles in the Atlanta Fed's 2015 annual report begins a discussion of the fiscal and economic effects.

Mar 18, 2016

Construction and Real Estate Survey: Home Prices Up

Prices continued to climb year over year in February, according to most builders and brokers surveyed. Both buyer traffic and home sales were flat to slightly up compared to a year earlier.

Mar 18, 2016

The State of the States: Uneven Recovery and Tough First Quarters

How have states fared since the end of the recession? This Economy Matters article looks at state-level GDP data to find out.

Mar 17, 2016

Peering Into the Payment System

The U.S. payment system is experiencing rapidly evolving technological and structural changes. In this Economy Matters podcast, two Atlanta Fed experts discuss the Federal Reserve's central role in maintaining a safe and secure system. podcast

Mar 17, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on housing starts, international trade, retail sales, unemployment and more.

Mar 17, 2016

Labor Market Charts Updated with JOLTS Data

Monitor labor market progress with our Labor Market and Labor Market Distributions Spider Charts, both now with January data on job openings, hires, layoffs, and quits (JOLTS).

Mar 16, 2016

Federal Reserve Issues FOMC Statement

Information received since the Federal Open Market Committee met in January suggests that economic activity has been expanding at a moderate pace despite the global economic and financial developments of recent months.

Mar 16, 2016

myCPI Features February Data, Sticky-Price CPI Rises

The Atlanta Fed's myCPI tool has been updated with February data. Compare your personal consumer price index with the U.S. average. The sticky-price CPI rose 2.7 percent (annualized) in February, following a 3.0 percent increase in January.

Mar 15, 2016

Fintech Companies: Banks' Allies or Rivals?

As the ways people conduct their banking multiply, new players known as fintech companies have arrived on the scene in ever-increasing numbers. Financial institutions have increased their diligence to ensure that the innovation they offer is tempered by reliability and security. Economy Matters' "ViewPoint" looks at the issues surrounding an evolving question.

Mar 15, 2016

Collateral Requirements and Nonbank Online Lenders: Evidence from the 2015 Small Business Credit Survey

Access to credit is often a crucial lifeline for a small business, and the types of credit products vary widely. A new macroblog post looks at a recent survey of small business owners to learn more about nonbank online lenders, and one of the more costly products they offer.

Mar 14, 2016

Jobs Calculator Updated with State Data

How many jobs does it take in your state? Check out our state-level Jobs Calculator to learn how January data from the U.S. Bureau of Labor Statistics affect the outlook for unemployment in each state.

Mar 14, 2016

The Unforgiving Commercial Real Estate Cycle

Commercial real estate appears to be booming—which is why at least one expert urges caution. This Economy Matters story recaps a presentation from the Atlanta Fed's recent Banking Outlook Conference.

Mar 14, 2016

Wage Growth Tracker Up in February

After three months of no change, median wage growth rose 10 basis points to a 3.2 percent year-over-year change in February.

Mar 14, 2016

Same-Day ACH: An NFAQ

This Take On Payments post answers a question that may not necessarily be frequently asked but is an important one.

Mar 10, 2016

2015–20 Deflation Probability Decreases

The 2015–20 deflation probability was 6 percent on March 9, down from 9 percent on March 2.

Mar 10, 2016

Keeping Up with the Gazelles, Part 4: Social Capital—The Battle Cry of the Gazelle

Founders of small businesses always have a vision for what they want to achieve, but they don't always have all the answers. Economy Matters talked to some founders of gazelles—or fast-growing small businesses—about the role of mentors in establishing and building a business.

Mar 10, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on unemployment insurance weekly initial claims, and more.

Mar 07, 2016

Card Chargebacks: Sorting Out the Facts

Who is harmed more by chargebacks, card issuers or merchants? A Kansas City Fed study finally offers some evidence to answer this question, and Take On Payments reports.

Mar 07, 2016

Katrina Strikes: Financial and Emergency Preparedness

In the event of a natural disaster or personal tragedy, the financially prepared are generally able to recover more quickly, which helps the economy remain stable. Extra Credit provides a lesson to help your students create a plan for emergency and financial preparedness.

Mar 04, 2016

Wage Growth Tracker Flat in January

Median wage growth was 3.1 percent year over year again in January, the same as the December and November readings.

Mar 04, 2016

Labor Market Tracking Tools Updated With February Data

What do February employment data from the U.S. Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Spider Chart and the Jobs Calculator to find out.

Mar 04, 2016

Taking the Pulse of Small Business

Demand for credit from small business owners continues to improve slowly, according to Small Business Trends.

Mar 03, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on consumer confidence indices measuring expectations, contributions to real gdp growth, disposable personal income and personal saving rate, real personal consumption expenditures, and more.

Mar 03, 2016

2015–20 Deflation Probability Decreases

The 2015–20 deflation probability was 9 percent on March 2, down from 10 percent on February 24.

Mar 03, 2016

Federal Reserve Banks Release Report on Credit Experiences of Small Businesses

The survey provides information about the business performance, financing needs and choices, and borrowing experiences of businesses with fewer than 500 employees. Seven Federal Reserve Banks collaborated on the 2015 survey; see all the results.

Mar 02, 2016

Beige Book: Southeastern Contacts Report Modestly Improving Conditions

Contacts around the Sixth District continued to report modestly improving economic activity, according to the latest release of the Federal Reserve's Beige Book, which summarizes regional economies. District contacts reported moderate sales growth and modest auto sales.

Feb 29, 2016

Stress Testing with the Help of Bayes' Theorem

Bank stress tests require forecasting income statements and capital ratios under extreme economic assumptions. These assumptions often go beyond historical experience, which makes sound forecasting with a quantitative model difficult. This Notes from the Vault post explains how Bayes' theorem can help deal with these extreme assumptions, resulting in better forecasts.

Feb 29, 2016

From Raw Materials to Riches: Mercantilism and the British North American Colonies

How can you get your students excited about the topic of mercantilism? Extra Credit has the answer! In this lesson, students engage in simulations as colonists and business owners, and they learn about mercantile policies used in the early American colonies.

Feb 29, 2016

Warning! This Vehicle Has Been Immobilized

Two recent consent orders offer some insights into the 'D' in UDAAP— unfair, deceptive, or abusive acts or practices—compliance. This week's Take On Payments takes a look.

Feb 25, 2016

2015–20 Deflation Probability Increases

The 2015–20 deflation probability was 10.1 percent on February 24, up from 5.2 percent on February 17.

Feb 25, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on U.S. Housing starts, industrial production, and more.

Feb 24, 2016

Know before You Owe: Inside the Changes to Mortgage Loan Disclosure Rules

The Dodd-Frank Act has brought about numerous changes to banking and finance, and Economy Matters' "ViewPoint" looks at one of them: the combining of the Truth in Lending Act with the Real Estate Settlement Procedures Act.

Feb 23, 2016

Dearth of First-Time Home Buyers Slowing Recovery?

The economic recovery is missing a key ingredient: real estate. That's because real estate is missing a key ingredient: first-time home buyers. Find out more in this edition of ECONversations.

Feb 23, 2016

A Brighter Picture: Measuring Regional Variation in Labor Utilization

By some calculations, labor resource utilization rates across the United States still have not returned to prerecession levels. But according to this story in Economy Matters, the Atlanta Fed's ZPOP measure paints a brighter picture.

Feb 22, 2016

Taking the Temperature of Real Estate

Regionally, the real estate sector has been important to the economy and has acted as a bellwether for other sectors, such as employment. In the new Economy Matters podcast, two Atlanta Fed experts discuss real estate—and whether we're in a new bubble.

Feb 19, 2016

myCPI Features January Data, Sticky-Price CPI Rises

The Atlanta Fed's myCPI tool has been updated with January data. Compare your personal consumer price index with the U.S. average. The sticky-price CPI rose 3.0 percent (annualized) in January, following a 2.0 percent increase in December.

Feb 18, 2016

2015–20 Deflation Probability Decreases

The 2015–20 deflation probability was 5 percent on February 17, down from 7 percent on February 10.

Feb 18, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on international trade, unemployment and insurance weekly initial claims, and more.

Feb 17, 2016

Are Paychecks Picking Up the Pace?

Wage growth continues to rise, but some types of workers are seeing faster gains than others. A new macroblog post looks at recent data to discuss the trend's implications for the labor market.

Feb 17, 2016

Minutes of the January 26-27 FOMC Meeting Released

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on January 26-27, 2016.

Feb 17, 2016

February Business Inflation Expectations Unchanged

Firms anticipate 1.8 percent inflation over the coming year, the same as the January reading. This month's Business Inflation Expectations survey probes changes in the rate of employee retirements and their impact on firms.

Feb 16, 2016

Changing How We Pay Online in 2016

This week's Take On Payments wonders if this will be the year that digital wallets take off.

Feb 16, 2016

Construction and Real Estate Survey: Sentiment Stays Positive

Expectations for home sales activity over the next few months remained upbeat in January. Home sales prices were up, according to the brokers and builders surveyed. See all the survey results!

Feb 11, 2016

2015–20 Deflation Probability Increases

The 2015–20 deflation probability was 7 percent on February 10, up from 5 percent on February 3.

Feb 11, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on average hourly earnings, contributions to change in nonfarm payroll employment, international trade, payroll employment changes, unemployment insurance weekly initial claims, unemployment and labor force participation rates, and more.

Feb 11, 2016

Ask the Expert: An Interview with Stephen Kay

With the U.S. labor force aging and baby boomers moving into retirement, pensions have garnered much attention in recent years. Economy Matters spoke with an Atlanta Fed pension expert about the challenges and opportunities ahead.

Feb 09, 2016

Labor Market Charts Updated with JOLTS Data

Monitor labor market progress with our Labor Market and Labor Market Distributions Spider Charts, both now with December data on job openings, hires, layoffs, and quits (JOLTS).

Feb 08, 2016

Will Biometrics Breed Virtual Clones?

Payments authentication is almost certain to include fingerprints as well as iris, facial, and voice prints one day. If we don't also focus on data security, could we risk the creation of virtual clones? Take On Payments offers a take on biometrics.

Feb 05, 2016

Introducing the Refined Labor Market Spider Chart

The Atlanta Fed introduced the labor market spider chart to depict the extent of recovery of various labor market indicators since the 2007–09 recession. Since considerable or complete recovery has been made for many of these indicators, we've made refinements to the spider chart. A new macroblog post discusses why we made them and what they depict.

Feb 05, 2016

Labor Market Tracking Tools Updated With January Data

What do January employment data from the U.S. Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Spider Chart and the Jobs Calculator to find out.

Feb 05, 2016

"Independent" Voters Not So Independent?

During a January 20 talk at the Atlanta Fed's headquarters, University of Texas professor Chris Wlezien discussed the reliability, or unreliability, of pre-election polls and the factors that motivate voters to cast ballots for particular candidates.

Feb 05, 2016

Lessons: Teaching Human Capital and the Importance of Postsecondary Education

In these two Extra Credit lessons, students will assess their current and future human capital—their knowledge, skills, and training. Students will gain an understanding of the connection between their education level and earning potential, and explore the costs of a higher education.

Feb 04, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on commodity price index, core capital goods, disposable personal income and personal saving rate, ISM manufacturing purchasing managers index, pce price index components, personal consumption expenditures, unemployment insurance weekly initial claims, U.S. house prices, single family homes, and more.

Feb 04, 2016

2015–20 Deflation Unchanged

The 2015–20 deflation probability was 5 percent on February 3, unchanged from January 27.

Feb 04, 2016

The Sum of the Parts: A Look at Auto Parts Manufacturing Employment in the Southeast

As automaking’s presence has grown in the Southeast, auto parts manufacturing has become a more significant regional employer. Economy Matters looks at the evolution of auto parts manufacturing, why it has grown in the Southeast, its impact on wages in the region, and more.

Feb 03, 2016

New Year, New Beginnings

Southeastern firms point to a generally positive business environment for 2016. However, that optimism is tempered somewhat by a greater sense of caution expressed by some contacts, reports Southeastern Insights.

Feb 01, 2016

Putting All Our Payment Eggs in a Single Basket

As long as people have had things, we have had theft. Computers did not change that. Take On Payments discusses cyberattacks and one way to mitigate risk.

Jan 29, 2016

Shrinking Labor Market Opportunities for the Disabled?

Although workers with disabilities have always faced employment obstacles not encountered by nondisabled workers, an increasing number of disabled workers have departed the labor force in recent years. A new macroblog post examines the data to place the trend in context.

Jan 29, 2016

The Role of Intermediary Competition in Government Interventions: The Case of HARP

The federal government, Fannie Mae, and Freddie Mac developed the Home Affordable Refinance Program (HARP) to help distressed mortgage borrowers. Notes from the Vault shows that HARP initially gave a competitive advantage to current servicers, which resulted in limited competition.

Jan 28, 2016

2015–20 Deflation Ticks Down

The 2015–20 deflation probability was 5 percent on January 27, down from 6 percent on January 20.

Jan 28, 2016

Trade Dynamics and China, Part 1: The United States

How tied up in China's economic performance is the performance of the U.S. economy and the performance of economies around the world? This first installment of a three-part series in Economy Matters sheds some light on this issue.

Jan 28, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on the consumer price index and more.

Jan 27, 2016

Federal Reserve Issues FOMC Statement

Information received since the Federal Open Market Committee met in December suggests that labor market conditions improved further even as economic growth slowed late last year.

Jan 27, 2016

Jobs Calculator Updated with State Data

How many jobs does it take in your state? Check out our state-level Jobs Calculator to learn how December data from the U.S. Bureau of Labor Statistics affect the outlook for unemployment in each state.

Jan 25, 2016

Waiting for the Other EMV Shoe to Drop

The second phase of the EMV liability shift is set for October 2016. This week's Take On Payments asks, how will the shift affect independent ATM owners?

Jan 25, 2016

Economic Systems Infographic Activity: Comparative Economic Systems

Are you teaching economic systems? This month Extra Credit wants you to use the Atlanta Fed's Economic Systems Infographic to launch a study of comparative economic systems with your students. Combining online research, data analysis, and evidence-based writing, this new activity will take your students to the next level!

Jan 22, 2016

Wage Growth Tracker Flat in December

Wage growth was flat in December according to the Atlanta Fed Wage Growth Tracker. Median wage growth was 3.1% year over year in December, the same as the November reading.

Jan 21, 2016

2015–20 Deflation Ticks Up

The 2015–20 deflation probability was 6 percent on January 20, up from 5 percent on January 13.

Jan 21, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on consumer price index, housing starts, industrial production and more.

Jan 21, 2016

Our Aim Is True (and False)

True or false? You have a thorough knowledge of Federal Reserve history and the people who helped shape it. Take the newest Economy Matters quiz and find out!

Jan 20, 2016

myCPI Features December Data, Sticky-Price CPI Rises

The Atlanta Fed's myCPI tool has been updated with new data. Compare your personal consumer price index with the U.S. average. The sticky-price CPI rose 1.8 percent (annualized) in December, following a 2.4 percent increase in November.

Jan 19, 2016

Mobile Wallets: Is This the Year?

So will this year be the one when mobile wallets finally gain traction? Take On Payments returns to this topic and notes some progress and some anomalies.

Jan 15, 2016

Are Long-Term Inflation Expectations Declining? Not So Fast, Says Atlanta Fed

Some media reports say that shifting inflation expectations are clouding the outlook for interest rates in 2016. In a new macroblog post, Atlanta Fed experts suggest that longer-term inflation expectations remain well-anchored and stable even as oil prices have declined.

Jan 14, 2016

2015–20 Deflation Probability Unchanged

The 2015–20 deflation probability was 5 percent on January 13, unchanged from the previous week.

Jan 14, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on average hourly earnings, contributions to real gdp growth, economic policy uncertainty index, international trade, payroll employment changes, personal consumption expenditures, single family home sales, unemployment and labor force and more.

Jan 14, 2016

Construction and Real Estate Survey: Outlook Improves

Our December survey shows a more positive trend for residential home sales activity over the next three months. Many contacts expect sales to hold steady or increase slightly compared to a year earlier.

Jan 14, 2016

The Atlanta Fed's Miami Branch: A Hub for U.S. Currency

The Miami Branch of the Atlanta Fed occupies an important role as a currency hub for international financial institutions as well as the Fed. Economy Matters looks at some of the functions of the branch, from ensuring an adequate supply of currency to making sure currency is in good condition.

Jan 13, 2016

Beige Book: Southeastern Contacts Report Largely Positive Conditions

Contacts around the Sixth District reported moderately improving economic conditions, according to the latest release of the Federal Reserve's Beige Book, which summarizes regional economies. District contacts described tightening labor markets, solid levels of consumer spending, but slowing manufacturing activity.

Jan 13, 2016

Business Inflation Expectations Fall

Firms anticipate 1.8 percent inflation over the coming year, a tenth of a percentage point decline from December, according to the Atlanta Fed's Business Inflation Expectations survey. Long-term inflation expectations are unchanged from last October's reading.

Jan 13, 2016

The Fed Explains Monetary Policy

The newest episode of the Fed Explained video series focuses on monetary policy: the role of the central bank, how it achieves its economic goals, and some of the tools developed in response to the financial crisis.

Jan 12, 2016

Labor Market Spider Chart Updated with JOLTS Data

Monitor labor market progress with our Labor Market Spider Chart, now with November data on job openings, hires, layoffs, and quits (JOLTS).

Jan 11, 2016

Post-Liftoff, Peering into 2016

Atlanta Fed President and CEO Dennis Lockhart speaks to the Rotary Club of Atlanta on January 11, 2016, about recent monetary policy, factors that could influence the economy in 2016, and his outlook for the coming year.

Jan 11, 2016

Prisoner Release Cards: How to Protect the Interests of Recently Released Inmates?

Just-released prisoners receive money to help them reenter the world, money that more and more often comes on prepaid cards.Take On Payments discusses efforts to make sure these newly released inmates have ready access to these funds.

Jan 08, 2016

Labor Market Tracking Tools Updated With December Data

What do December employment data from the U.S. Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Spider Chart and the Jobs Calculator to find out.

Jan 07, 2016

Economic & Financial Highlights

View the latest series of charts from our Economic & Financial Highlights page, including new data on housing starts, industrial production, pce price index components, house prices, single-family homes sales, and more.

Jan 07, 2016

2015–20 Deflation Probability Unchanged

The 2015–20 deflation probability was 5 percent on January 6, unchanged from the previous week.

Jan 07, 2016

What Occupational Projections Say about Entry-Level Skill Demand

Employers seek a variety of education, experience, and training to fill their jobs. Recent projections of future occupational demand also provide insight about those needs. A new macroblog post explores the implication for job seekers of the distribution of entry-level skill demand across the U.S. labor force.

Jan 07, 2016

Rethinking Workforce Development

Many of the old assumptions about successfully competing in today's workplace no longer seem safe. A new book examines ways to modernize America's approach to educating, training, and retraining workers, and Economy Matters was at the book's recent launch event.

Jan 06, 2016

Minutes of the December 15–16 FOMC Meeting Released

The Federal Reserve Board and the Federal Open Market Committee released the minutes of the Committee meeting held on December 15–16, 2015.

Jan 06, 2016

Wu-Xia Shadow Federal Funds Rate

In December, the Federal Open Market Committee raised the federal funds rate for the first time in seven years. Because the Wu-Xia shadow fed funds rate was very highly correlated with the fed funds rate prior to December 2008, we will discontinue regular updates.

Jan 04, 2016

The Year In Review

Mobile proximity payments were a top story in 2015, as in the past several years, but Take On Payments says 2015 will best be remembered for deals. In this year-end post, the blog reviews the year gone by.

Select an archived year: