From the President

Charles Evans

President and CEO


New Issue of ProfitWise News and Views Available

Current issue of ProfitWise News and Views highlights two 2015 conferences exploring high-profile community redevelopment strategies and emerging trends in workforce development.

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Introducing the Chicago Fed Survey of Business Conditions

Economic Perspectives article describes a new survey methodology used to construct the Seventh District’s Beige Book report and related quantitative indexes tracking economic activity.

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Evolution of U.S. Overnight Money Market

Economic Perspectives video discusses the recent evolution of the U.S. overnight money market and how the Federal Reserve’s tools to implement monetary policy have evolved with the market.

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Recent News

Labor Issues Facing Agriculture and the Rural Midwest

Chicago Fed Letter looks at labor-related issues confronting the Midwest’s rural economy, including health care and immigration.

Financial Conditions Continue to Tighten

The NFCI increased from a recent low of −0.73 in the first week of November to −0.55 in the last week of January.

Midwest Growth Increased Slightly in December

The Midwest Economy Index (MEI) was –0.15 in December, up from –0.20 in November.

How Much Debt Does the U.S. Government Owe?

Chicago Fed Letter analyzes the strengths and weaknesses of different measures of U.S. government debt.

Piketty’s Book and How We Measure Wealth Inequality

Chicago Fed Letter discusses Piketty's Capital in the Twenty-First Century, which quantifies the evolution of wealth inequality and wealth concentration over time and across a number of countries.

Labor Share Explains Nominal Wage Growth Puzzle

Chicago Fed Letter shows how puzzle of nominal wage growth being well below trend wage growth predicted by inflation and productivity can be explained by labor share of output, which has been on a declining trend for the past 15 years.

Fed’s Evans Addresses Iowa Business Leaders

Chicago Fed President Charles Evans talked about monetary policy and the economy January 13 during the Corridor Business Journal’s economic forecast luncheon in Cedar Rapids, IA.

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