The San Francisco Fed’s Beige Book received another “Beigie Award” from NPR’s Planet Money and was featured in their podcast, Hawaii’s worker shortage goes ...

Economic activity in the Twelfth District slowed slightly during the January through mid-February reporting period. Overall ...

CNBC’s Steve Liesman and San Francisco Fed President Mary C. Daly joined ‘Squawk Box’ and discussed the February jobs report, strength of the labor market, ...

President Mary C. Daly participated in a panel discussion on the importance of private-sector data in U.S. monetary policy making at the 2026 U.S. Monetary Policy Forum. The conference is sponsored by ...

This site presents a real-time, quarterly series on total factor productivity (TFP) for the U.S. business sector, adjusted for variations in factor utilization – labor effort and capital’s workweek.

How much should I change the fed funds rate in the game? - San Francisco Fed How much should I change the fed funds rate in the game?

News & Media Is the fed funds rate the only monetary policy tool?

Congratulations to our very own Òscar Jordà for being newly elected as a Fellow of the Econometric Society. This ...

Mark M. Spiegel, senior policy adviser at the Federal Reserve Bank of San Francisco, shared views on the current economy and the outlook from the Economic Research Department as of February 26, 2026.

The large increase and subsequent decline of unauthorized immigrant workers in recent years have raised questions about the impact of these changes on local labor markets across the United States. New ...

Good afternoon and thank you for that kind introduction. And thank you to the Silicon Valley Leadership Group and to San Jose State University for having me here. I am looking forward to a great ...