Developments in Household Liabilities Since the 1990s
The ratio of household liabilities to income increased from the mid 1990s to 2010, driven by an increase in the supply of loans that outpaced loan demand.
The ratio of household liabilities to income increased from the mid 1990s to 2010, driven by an increase in the supply of loans that outpaced loan demand.
Large banks, with assets over $100 billion, tend to have significantly lower exposure to commercial real estate market risks than the average commercial bank in the US.
Professional forecasters use a wealth of information, including their own experience, to predict economic variables. But can a few publicly available series replicate their recession forecasts?
Researchers Sánchez and Mori examine the relationship between rising credit scores during the COVID-19 pandemic and subsequent increases in credit card delinquencies.
The number of missing workers in the US labor force peaked at 2.58 million in June 2020 during the pandemic, but immigration restrictions are likely not the main driver of the high vacancy-to-unemployment ratio.
As the Fed continues to normalize its balance sheet, lessons from past tightening episodes and projections of possible futures may help achieve the optimal amount of reserves in the banking system and avoid undo financial stress.
US manufacturers that source their intermediate inputs from abroad have been more likely to increase their inventories in the aftermath of unexpected events and heightened uncertainty.
Employment in the Federal Reserve System has been shaped by various factors over time, including demand for services, efficiency and productivity, legislative mandates, and responses to major economic events.
At age 30, non-college-educated Boomers were about twice as likely as non-college-educated Millennials to own homes.
The FDIC favors targeted coverage of large accounts used for business payments when considering deposit insurance reform.
The US government has $21.4 trillion in outstanding Treasury debt in bills, notes, and bonds. Given the federal funds rate is up 4-5% over the past year, how expensive will it be to roll over maturing Treasury debt at these higher rates?
Bank runs have always been fast, but today’s runs are even faster.
Inflation followed M2 and monetary base growth up over the past three years, and now M2 and base growth are negative.
Evidence on patent transactions suggests that multinational enterprises engage in profit-shifting practices by transferring patents to tax havens.
US imports are obstructed by both tariffs and non-tariff measures, which vary significantly across industries.
What is the effect of death rates on the increased average age of the US population?
Economists strive to measure trend inflation because it is a potentially useful guideline for predicting future inflation. But the various methods used can deviate considerably over time.
The St. Louis Fed’s survey shows that businesses expect inflation to persist but are more reluctant to raise the prices they charge their customers.
This essay examines the relationship between income inequality and income segregation in the 100 largest cities in the United States.
The number of monthly job applications has increased since the 1980s, but the job-finding rates have not.
Modern economic growth is a relatively recent phenomenon in history, but what led economies out of stagnation?
Immigrants are not only overrepresented in lower-paying jobs but are also paid less on average than native counterparts.
Individuals, businesses, and policymakers plan for the future by looking at possible changes in the economy, including income, the labor market, and interest rates. They may also seek guidance from professional forecasters.
