Technological innovations that displace demand for local producers can hurt finances for households in the same area. Demand ...

As a Regional Executive, Stephen DeLay traveled to various cities in Northern California to gather insights from business ...

This letter is regarding the election of Directors of the Federal Reserve Bank of San Francisco for one Class B Director seat, elected by Member Banks in Group One, and one Class A Director seat, ...

President Daly joined Steven Davis, Thomas W. and Susan B. Ford Senior Fellow and Director of Research at the Hoover ...

Recent surges in trade policy uncertainty highlight the fragility of global supply chains, prompting businesses to consider reshoring—moving production from abroad to domestic locations. Reshoring can ...

Andrew Foerster, senior research advisor at the Federal Reserve Bank of San Francisco, shared views on the current economy and the outlook from the Economic Research Department as of September 4, 2025 ...

We evaluate the ability of large language models (LLMs) to estimate historical macroeconomic variables and data release dates. We find that LLMs have precise knowledge of some recent statistics, but ...

Economic activity in the Twelfth District edged down slightly during the July to mid-August reporting period. Employment levels were down slightly as employers laid off workers and did not fill ...

We document the extent to which workers in AI-exposed occupations can successfully retrain for AI-intensive work. We assemble a new workforce development dataset spanning over 1.6 million job training ...

Good afternoon. I greatly appreciate the opportunity to share with you my perspectives on U.S. financial regulatory developments related to fintech. Before I begin, I’d like to congratulate the ...