Blog Posts

Emerging technologies are top of mind for Twelfth District businesses. Hear how they are using GenAI and their expectations for boosting workforce productivity.

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 Regional Executive Qiana Charles describes her recent community engagement trip to Las Vegas with Mary C. Daly, SF Fed President and CEO.

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.

Although relatively new for a wide generalized audience, generative artificial intelligence (AI) has already begun to change our economy, and it seems poised to drive even more fundamental changes in the future.

At the Federal Reserve Bank of San Francisco, we are examining the ways that the increasing incidence of extreme heat affects the economy and community resilience. We’re paying particular attention to this issue given the number of highly impacted places in the Federal Reserve’s 12th District, which includes the City of Phoenix in Maricopa County, Arizona.

Understanding inflation beyond the headline number is important for policymakers and economists. Adding to other SF Fed indicators that disentangle the key drivers of personal consumption expenditures (PCE) inflation each month, we have launched a new data page that breaks down each inflation reading into the different groups of goods and services that contribute to it.

New data continue to follow the path of a nonlinear Phillips curve constructed in earlier work showing the empirical relationship between inflation and the ratio of unemployment to job vacancies.

Here’s a snapshot of a recent outreach visit to California’s San Joaquin Valley from Stephen Delay, Regional Executive of the SF Fed’s San Francisco branch.

Here’s a snapshot of Christina Prkic’s recent trip to Anchorage, Alaska as the SF Fed’s new Vice President and Regional Executive of our Seattle Branch Office.