Housing prices surged as housing inventories dropped to historically low levels in the first two years following the onset of the pandemic. In our Economic Letter, “Pandemic-Era Demand Squeezed Housing Inventories”, we find that the decline in housing inventories during these years was driven by an exceptionally high demand for housing rather than a low ..read more

How much variation in labor market conditions and inflation rates is there at the sub-national level? Our Regional Indicators page maps out labor market, price, and earnings data across the country ..read more

With the new year fast approaching, here’s a countdown of our own to close out 2024. Check out the list of our most widely read FRBSF Economic Letter topics in 2024, featuring research and insights from SF Fed economists ..read more

Join Ian Galloway, Regional Executive of the SF Fed's Portland Branch, as he explores the thriving manufacturing sector in Oregon, a key contributor to the state's economy. Discover the diverse range of industries, from metal fabrication to high-tech assembly, and how they form a robust supplier ecosystem. Gain insights into the challenges and opportunities facing Oregon manufacturers and learn how they are driving innovation and growth across the region ..read more

Learn how the SF Fed engages with Alaskan communities to gather economic insights. Christina Prkic, Regional Executive of SF Fed’s Seattle branch, shares a recent visit highlighting the role of community leaders and organizations to gather information for monetary policy ..read more

Watch our Economic Letter video with Huiyu Li, research advisor, to learn more about productivity growth and its cyclical patterns ..read more

A high-interest rate environment, local economic issues, and rebuilding parts of Maui remain top of mind for Hawaiian bankers ..read more

Watch our Economic Letter video with Adam Shapiro, Vice President, Economic Research, to learn more about our measurements of excess demand and its impacts on inflation ..read more

Updated analysis using new and revised data suggests that the flow of immigrants into the United States slowed in late 2024. Despite this drop, recent immigration flows remain three times the historical average ..read more

Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer price index ..read more