Richmond Fed Research @RichFedResearch
The latest economic analysis and data from the Research Department at the Federal Reserve Bank of Richmond richmondfed.org/research Joined November 2011-
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Over half of the Fifth District's counties in rural areas and small towns that experienced population growth between 2020 and 2023 did so after seeing population declines in the prior decade. What turned the tide in these rural counties? bit.ly/3QszdN0
Chances are, someone you know borrowed to go to college – more than 43 million Americans owed $1.6 trillion in student loans. What will happen as that debt comes due after a multi-year moratorium? bit.ly/49OFPw4 #EconFocus
In today's National Economic Indicators: the advance estimate of #GDP for the first quarter of 2024 showed an increase of 1.6 percent at an annual rate, down from a 3.4 percent increase in fourth quarter 2023. bit.ly/3vCxECa
Over the course of the 20th century, #tipping went from rare and reviled to an almost uniquely American custom. Find out about the evolution of this cultural practice in #EconFocus. bit.ly/4ba4hcc
Issues surrounding the new Free Application for Federal Student Aid have led to a sharp decline in form completions. This could result in enrollment declines across higher education, but it may hit some students and institutions harder than others. bit.ly/44kHrfF #FAFSA
Business activity in #NorthCarolina and #SouthCarolina improved in April, according to the most recent survey by the Richmond Fed. Firms expect price growth to moderate somewhat over the next year. bit.ly/3CXangM
#Maryland firms reported deteriorated business conditions in April, according to the Richmond Fed's most recent survey. They also anticipate continued difficulty finding workers with the necessary skills over the coming months. bit.ly/3JxOfNJ
Nice article by @RichFedResearch on the history of the Fed's 2% target. It took over a decade to build internal consensus. Many considerations that shifted with the changing FOMC composition as well as economic conditions. richmondfed.org/publications/r…
The outdoor recreation industry can diversify the economies of resource-dependent communities subject to energy booms and busts. But it’s important to set realistic expectations. bit.ly/4d8ropf #EconFocus
Service sector activity in the Fifth District remained soft in April, despite increased demand, according to the Richmond Fed's most recent survey. Over the next six months, firms expect to increase hiring and continue increasing wages. bit.ly/3Py7J8V
Fifth District #manufacturing activity remained slow in April, according to the most recent survey by the Richmond Fed. Firms were more optimistic about local business conditions and continued to report declining backlogs and vendor lead times. bit.ly/3XskovY
Retail sales were $710 billion in March 2024, an increase of 4 percent year-over-year, compared to 2.1 percent year-over-year in February. More in this week's National Economic Indicators: bit.ly/3D0VmK4.
When it comes to the economy, sometimes households report feeling negative despite the economic data being more positive. What might explain this disconnect? Join the Richmond Fed for our next District Dialogues on May 15, online or at one of our branches. bit.ly/43nzXIm
Latest Economic Brief by Richmond Fed economist Russell Wong: "Can China Avoid a Liquidity-Trap Recession? Some Unintended Consequences of Macroprudential Policies" bit.ly/3vVOjDz
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FedResearch @FedResearch
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et al @privated_equity
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132K Followers 10K Following Coverage of the Federal Reserve and other central banks by @WSJ reporters around the world, from WSJ Pro Central Banking, a premium serviceNice article by @RichFedResearch on the history of the Fed's 2% target. It took over a decade to build internal consensus. Many considerations that shifted with the changing FOMC composition as well as economic conditions. richmondfed.org/publications/r…
Getting ready for the Sovereign Default Conference @RichFedResearch
Exciting research at CORE Week! @RichFedResearch
Meet Oliko Vardishvili, one of the 2024 Fellows selected by the Richmond Fed’s Center for Advancing Women in Economics! More: richmondfed.org/research/AWE/f… @RichmondFed #WomenInEconomics @OVardishvili @ArantxaJarque
Looking forward to it!
Day 2 of #EconCOREWeek features two seminars. @fatihguvenen of the University of Minnesota is first with his presentation on “Skewed Business Cycles.” #EconTwitter
Very proud to be part of the team behind this important effort from the Richmond Fed research department.
📢📢Excited to launch the website for the recently founded "Center for Advancing Women in Economics (AWE)," a project very dear to my ❤️ richmondfed.org/research/AWE @RichFedResearch @WomenInMacro @AEACSWEP #EconTwitter
Today, we are proud to announce the launch of the Center for Advancing Women in Economics. The Center’s mission is to champion diversity in economics, enrich economic research and elevate the voices of women economists. Learn more: bit.ly/3LgPQZd #WomeninEconomics
📣📣Extremely proud to be leading the new “Center for Advancing Women in Economics” with @ArantxaJarque at the Federal Reserve Bank of Richmond 📣📣 #WomenInEconomics @RichmondFed @RichFedResearch
Today, we are proud to announce the launch of the Center for Advancing Women in Economics. The Center’s mission is to champion diversity in economics, enrich economic research and elevate the voices of women economists. Learn more: bit.ly/3LgPQZd #WomeninEconomics
Great summary by Toan Phan of our joint work with Hee-Soo Kim
There's a popular notion that the effects of natural disasters are short lived and can even spur local economic growth because of rebuilding efforts. However, a recent study presents a contrasting scenario at a national level. bit.ly/3YkkaHL
@benjamminlester @RichFedResearch Ben earned his 🍨 after teaching us all about OTC markets
Had an amazing time visiting @RichFedResearch this week for their #EconCOREWeek. Tons of great people to chat with, tons of great feedback on my paper, and lots of other great research to consume. Thanks for having me!!
It’s #EconCOREWeek at the Richmond Fed. From July 31 to August 4, economists from a range of disciplines will share their latest work and connect with our staff economists, with the last day devoted to climate economics. bit.ly/43Q9CBx #EconTwitter
It was awesome to present at the Richmond Fed’s #EconCOREWeek. Many spot-on questions about Brazil’s labor market institutions that really matter for getting the research design right on a question of this magnitude. Paper 🧵here: x.com/mayara_pfs/sta…
@mayara_pfs presents the paper “Labor Market Effects of Domestic Outsourcing: Evidence from Legalization in Brazil” on day 3 of #EconCOREWeek. #EconTwitter
📢📢Excited to launch the website for the recently founded "Center for Advancing Women in Economics (AWE)," a project very dear to my ❤️ richmondfed.org/research/AWE @RichFedResearch @WomenInMacro @AEACSWEP #EconTwitter
Introduced in 2023, the Goodfriend Memorial Lecture series honors the legacy of Marvin Goodfriend, long-time Richmond Fed #economist, #research director and senior #policy advisor. #EconCOREWeek
Watch as Community Development Regional Manager Erika Bell shares more about the Richmond Fed's Community Development team and work she's doing in the Fifth District to support small towns and rural communities. #InvestRuralUSA #rural #smalltowns
Watch Hugo Hopenhayn talk about #EconCOREWeek @RichFedResearch. Also happening this week: get feedback on Hopenhayn models from, well, Hopenhayn.
For #EconCOREWeek, Hugo Hopenhayn has organized a conference on “Networks, Innovation and Productivity.” He will also deliver the inaugural Marvin Goodfriend Memorial Lecture. Hear what Hugo has to say about CORE Week: youtu.be/tNyRd3WHSMg #EconTwitter.
Watch Hugo Hopenhayn summarizing the Core Week experience! @RichFedResearch linkedin.com/posts/federal-…
Check out my interview with @RichFedResearch. The article captures highlights of more than 15 years of research on financial literacy and personal finance. We covered from the Big Three as a tool to measure finit to the financial troubles of NFL players.
Whether it is for education or pensions, we all need to make financial decisions throughout our life. This is why it is so important to teach financial literacy in school & in college. Very happy to teach Personal Finance here at GW. Read interview here: bit.ly/40ags3k
🚨Fully in person seminar 🚨Tomorrow Wednesday 22nd at 11:30 am (GMT-3:00) we will have Pierre-Daniel G. Sarte (Richmond FED @RichFedResearch) at the @bcentralchile presenting “Multilateral Comovement in a New Keynesian World: A Little Trade goes a Long Way”.
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