Sonya Waddell and John Graham share their research on the adoption of artificial intelligence in the workplace, based on the expected and realized effects reported by the financial executives who participate in the CFO Survey. Waddell is a vice president and economist at the Federal Reserve Bank of Richmond and Graham is a finance professor at the Fuqua School of Business at Duke University and director of the CFO Survey.

Matt Martin and Erika Bell recall their visit to western North Carolina to learn more about revitalization efforts in response to long-term changes in the regional economy as well as the aftermath of Hurricane Helene. Martin is a regional executive at the Charlotte office of the Federal Reserve Bank of Richmond and Bell is the community development regional manager for North Carolina and South Carolina at the Richmond Fed. Also in this episode, Scott Webber, town manager of Spindale, N.C., shares how he has worked with community partners to support redevelopment in the region.

Claudia Macaluso explains how economists identify the points of expansion and contraction in the national economy and how the current business cycle differs from past cycles. Macaluso is a senior research economist at the Federal Reserve Bank of Richmond.