Economic Brief

The rise in markups in U.S. firms has coincided with a rise in operating costs for these firms.

Recent research underscores the idea that bank attitudes toward lending are a critical barometer for the health of the U.S. macroeconomy.

The facts seem to line up, but the real disagreement seems to involve what to measure and what it means.

Official labor market statistics tend to understate informal and platform-based work, such as ride-hailing and food-delivery services.

The U.S.'s established payment system infrastructure may play a role in how quickly FedNow is adopted.

Workers less exposed to artificial intelligence account for roughly half of the aggregate decline in the job-finding rate since mid-2023.

The recent rise in long-term unemployment is largely due to a decline in unemployment outflow rates, especially the rate at which unemployed workers find jobs.

The recent rise in long-term unemployment is largely due to a decline in unemployment outflow rates, especially the rate at which unemployed workers find jobs.

Continuing claims are falling, but this might not necessarily be good news.

The evidence during recoveries from recessions differs from other periods.