Measures of beliefs, sentiment, and narratives often send recession signals that differ from those in hard data, defined as ...
Firm heterogeneity in financial constraints is a quantitatively important driver of how monetary policy transmits to ...
Thomas M. Mertens, senior vice president and associate director of research at the Federal Reserve Bank of San Francisco, ...
Inflation expectations among businesses can affect how they set current prices. Firms’ expectations diverged from those of ...
Economic activity in the Twelfth District was somewhat muted but largely stable during the mid-May through June reporting ...
A new indicator—the Inflation Shock Momentum Index—can help identify emerging inflationary or disinflationary pressures in ...
Nearly 40% of small business respondents to the 2024 Small Business Credit Survey (SBCS) reported either using or planning to use artificial intelligence (AI), revealing a rapidly evolving landscape ...
Local data presented by Federal Reserve Bank of San Francisco staff at the San Joaquin Valley Financial Empowerment convening ...
We recently collaborated with other researchers and central banks to ask senior business executives about AI in their own firms. Our study, issued in February, revealed that AI adoption is already ...
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