On November 17, 2015, the Federal Reserve Bank of Chicago and the Upjohn Institute will hold a conference to explore labor issues affecting agriculture and the rural Midwest. The conference will be preceded on November 16, 2015, by the performance of a play that deals with immigrant experiences in agriculture, followed by a policy discussion. Visit the event page for more details and to register.... Read More
A summary of economic conditions in the Seventh District from the latest release of the Beige Book and from other indicators of regional business activity: Overall conditions: Growth in economic activity in the Seventh District slowed to a more modest pace in late August and September, but most contacts expected growth to pick up somewhat over the next 6 to 12 months. Consumer spendin... Read More
A summary of economic conditions in the Seventh District from the latest release of the Beige Book and from other indicators of regional business activity: Overall conditions: Growth in economic activity in the Seventh District was moderate in July and early August, and most contacts expect activity to rise at a similar pace over the next 6 to 12 months. Consumer spending: Growth in c... Read More
In a recent blog, I shared my observations about Pittsburgh's efforts to revitalize its urban core. Then, I analyzed the extent to which Pittsburgh's turnaround can serve as a model for Detroit as its city leaders and stakeholders look to revitalize the city's urban core. While Detroit has begun to replicate the efforts of other cities, such as showcasing the city's riverfront with the Detroi... Read More
A summary of economic conditions in the Seventh District from the latest release of the Beige Book and from other indicators of regional business activity: Overall conditions: Growth in economic activity in the Seventh District was moderate in late May and June, with the pace of advance appearing to be a bit slower than during the previous reporting period. Consumer spending: Growth in ... Read More
A summary of economic conditions in the Seventh District from the latest release of the Beige Book and from other indicators of regional business activity: Overall conditions: Growth in economic activity in the Seventh District remained moderate in April and early May, and contacts expected growth to continue at a similar pace over the next six to twelve months. Consumer spending: Growt... Read More
One of the most important sources of information we have on current economic conditions is the Bureau of Labor Statistics’ (BLS) Current Employment Statistics (CES) program (also known as the payroll survey). The payroll survey reports monthly estimates of nonfarm payroll employment, hours, and earnings at the national, state, and metro area levels. Because the CES covers only a representativ... Read More
Production technology and the nature of work are changing rapidly, giving rise to job declines in the manufacturing sector. In this context, can the U.S. design policies that support manufacturing while providing greater opportunity for U.S. workers? This was the question asked of a study panel at the National Academy of Engineering, which produced “Making Value for America: Embracing the Fut... Read More
In partnership with World Business Chicago, the Federal Reserve Bank of Chicago hosted the Civic Research Forum on March 17, 2015. The forum was attended by researchers from a wide range of organizations and agencies throughout Chicago. It offered attendees an opportunity to discuss their current research and their positive and negative experiences with collecting and using data. Rob Paral of... Read More
A summary of economic conditions in the Seventh District from the latest release of the Beige Book and from other indicators of regional business activity: Overall conditions: Growth in economic activity in the Seventh District remained moderate in March, and contacts expected growth to continue at a similar pace over the next six to twelve months. Consumer spending: Growth in consumer ... Read More
