Econ Focus (formerly Region Focus) is the economics magazine of the Federal Reserve Bank of Richmond. It covers economic issues affecting the Fifth Federal Reserve District and the nation and is published on a quarterly basis by the Bank's Research Department.
Third Quarter 2014
Featured Article: Birds of a Feather
Does the hawk-dove distinction still matter in the modern Fed?
Second Quarter 2014
Cover Story: Crowded
While more is not always merrier, population growth over the last century has had many positive effects
First Quarter 2014
Cover Story: Cybersecuring Payments
Are we losing the fight against next-gen bank robbers?
Fourth Quarter 2013
Cover Story: Risky Business?
Insurance is boring ... or at least it's supposed to be
Third Quarter 2013
Cover Story: Has College Become a Riskier Investment?
The payoff has become more uncertain — but you're probably still better off going
Second Quarter 2013
Cover Story: Sizing Up Currency Manipulation
The Chinese government may be holding down its currency to increase exports. But it's not clear what — if anything — the United States should do about it
First Quarter 2013
Cover Story: Drawing the Line
New measures of poverty illustrate just how hard it is to define who is poor
Fourth Quarter 2012
Cover Story: Putting Banks to the (Stress) Test
Will banks be ready for the next crisis?
Second/Third Quarter 2012
Cover Story: Where Have All the Workers Gone?
Why are more people leaving the labor force, and what are they doing?
First Quarter 2012
Cover Story: What We Don't Know About Innovation
We know innovation is important — but do we know how to make it happen?
Fourth Quarter 2011
Cover Story: American Made
The manufacturing sector is stronger than you might think — but new vulnerabilities are emerging
Third Quarter 2011
Cover Story: Why Aren't We Creating More Jobs?
Job growth usually rebounds quickly after a severe recession, but this time is different
Second Quarter 2011
Cover Story: Foreign Housing Finance
As America's unique mortgage finance system faces renovation, the approaches of other developed nations may provide some guidance
First Quarter 2011
Cover Story: What Drives Changes in Economic Thought?
Why economists study what they do — and how the crisis might change it
Fourth Quarter 2010
Cover Story: What Causes Recoveries?
How good policy and good luck can trigger the upward side of the business cycle
Third Quarter 2010
Cover Story: Fuzzy Math
Public pensions are underfunded — how bad is it?
Second Quarter 2010
Cover Story: Do Deficits Matter? And If So, How?
As fiscal imbalances increase, economists debate their effect on the macroeconomy
First Quarter 2010
Cover Story: The New Normal?
Economists ponder whether the "natural" rate of unemployment has risen.
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